Huawei Cuts OEM Deals Worth $6B

Huawei, the world’s leading information and communications technology (ICT) solutions provider, today announced that it will award Original Equipment Manufacturer (OEM) contracts totaling US$6 billion to Qualcomm, Broadcom and Avago, three California-based leading communications technology companies. Today’s announcement underscores Huawei’s continued commitment to the U.S. market and 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.

“This procurement agreement reaffirms Huawei’s determination to deliver on its promise to be a local economy contributor, and is a demonstration of confidence in the long-term relationships we have cultivated with our local high-tech partners,” said Ms. Chen Lifang, Senior Corporate Vice President of Huawei, “The U.S. holds the leading position in the ICT industry, and when coupled with Huawei’s long-term dedication to innovation in the U.S. market, the result is a strategic collaboration to develop a more diversified, balanced and healthier global ICT ecosystem.”

Huawei Technologies Co. Ltd.