China’s Huawei Woos Tech World With $1.5 Billion and 5G Secrets
- The company says it has sealed over 60 commercial 5G contracts
- The networking giant is trying to remain a global powerhouse
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Huawei Technologies Co. is offering up its most valuable 5G secrets and $1.5 billion to software developers, courting the global tech community at a time the U.S. is heightening scrutiny of the Chinese giant.
China’s largest technology company aims to ramp up investment in its developer program over the next five years, Deputy Chairman Ken Hu told attendees at an annual conference. That effort is gaining urgency with Huawei in danger of losing access to American circuity and code, including the Google software it needs to run the world’s No. 2 mobile device business.