Huawei Expands in Russian Tech Services After Putin’s China Deal
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Huawei Technologies Co., China’s biggest maker of phone-network equipment, seeks to capitalize on the country’s strengthening ties with Russia by expanding into services for energy giants such as OAO Gazprom.
The Chinese company is adding products such as systems used by oil and gas companies to manage pipelines and offshore fields, Deng Yi, vice president at Huawei’s enterprise unit, said in a interview in Moscow. The $400 billion deal signed by Gazprom last month to ship gas to China is helping to facilitate business between the countries, he said.