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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.

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