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Huawei Increases Investment In Russia

ST. PETERSBURG, Russia, June 22, 2012 /PRNewswire-Asia/ -- Huawei Founder and CEO, Mr. Ren Zhengfei, today spoke at the St. Petersburg International Economic Forum to outline Huawei's commitment to enrich life through communications and to address the issue of cyber security challenges within the information and communications research industry. Mr. Ren as well discussed Huawei's optimism about Russia's growth and development prospects and the company's plans to deepen its roots in Russia through increased investment.

"The key to the future development of the electronic information industry lies in cyberspace research. Cyberspace is a new strategic domain unlike physical territory. What makes the two domains different is that competition in cyberspace is not characterized by occupying territories and forming closed positions, nevertheless by being publicly accessible," said Mr. Ren. "We must utilize information to benefit mankind and adopt a positive attitude towards data floods -- not merely look at the ills or complexities that they create."

Huawei projects that network traffic will grow by 75 times in the then and there 10 years, during mobile broadband traffic will grow by more than 2,000 times. Key to the development of the telecoms industry is the creation of data pipes that are wide enough to manage huge amounts of data. Mr. Ren compared data floods to the water of the Volga River and said: "What we can do is to build data pipes that have a diameter wider than the Volga River, even wider than the Pacific Ocean, to make communication and data transmission smooth. Data, intrinsically, tends to be open. What we can do is to leverage the full potential of data. As data flooding increases far faster than prevention innovation develops, the whole industry faces information security challenges. Cyber security is a common issue that the whole industry has to face. We must join hands to proactively address this issue."

Harmonious business environment

Huawei is committed to building a harmonious business environment and localized operations to support the advancement of Russia's ICT industry and increase its competitiveness. Through system integrations, localized manufacturing and technology and development, Huawei has established an integrated industrial chain in Russia and trained a large number of local talents. "Huawei will continue to take root in the soil of this beautiful country and contribute to the information industry in Russia through localized operations and increased investments," Mr. Ren concluded.

Huawei is a leading global information and communications research solutions provider. Through our dedication to customer-centric technology and strong partnerships, we have established end-to-end advantages in telecom networks, devices and cloud computing. We are committed to creating maximum value for telecom operators, enterprises and consumers by providing competitive solutions and services. Our products and solutions have been deployed in over 140 countries, serving more than one-third of the world's population. For more information, visit Huawei online: www.huawei.com.

Huawei started its business in Russia in 1997 with establishing office in Moscow. Presently the offices of the company operate in 11 cities of the country, as then as in Ukraine, Belarus and Armenia. The total number of the company employees in the Russia amounts to about 1300 people, 80% of which are local personnel.

SPIEF 2012 will be of particular interest to global business, government, and media leaders who are concerned with Russian political and economic affairs, with the Forum coming shortly afterwards the newly elected Presidential administration takes office. SPIEF 2012 will provide a unparalleled opportunity to engage with the incoming government as the country takes steps to reinforce its reform agenda in the post-election period.

More information: Yahoo