TechTaffy

tech:

taffy

Huawei To Award $6 Billion OEM Contracts

By TechTaffy Desk

[Techtaffy Newsdesk]

Huawei will award Original Equipment Manufacturer (OEM) contracts totaling $6 billion to California-based communications technology companies Qualcomm, Broadcom and Avago. The three-year OEM contracts will directly and indirectly create over tens of thousands of job opportunities for U.S. business while contributing to growth and development opportunities for California high-tech as well as the ICT industry as a whole, says Huawei.

Since establishing its U.S. operations in 2001, Huawei has partnered with 280 U.S. technology providers, with total procurement contracts exceeding $30 billion. These contracts have covered software, components, chipsets, and services, and its 2011 procurement in this critical region saw an 8% increase year-over-year.

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.