Huawei to invest $1.5 billion in its developer program

Huawei is one of the leading smartphone makers in the world. The Chinese multinational tech giant in an announcement on September 18, 2019 said that it is all set to invest $1.5 billion in its developer program in the next five years. Huawei is looking forward to build a sturdy and open ecosystem as a part of its computing strategy. In 2015, the company had announced its Huawei Developer Program and since the tech giant said that it has supported more than 1.3 million developers and 14,000 independent software vendors across the globe.

A flagship event for the company was held at the Huawei Connect 2019 in Shanghai . Ken Hu, the Deputy Chairman at Huawei , at the event said that the company wishes to expand that program to another five million developers. Hu added that it also wants to help the partners develop the next generation of intelligent applications and solutions. The company is expected to reveal more details about updates to its developer program on September 20, 2019.

Hu in a separate statement said, “The future of computing is a massive market worth more than two trillion US dollars. We’ll keep investing.” The company also added that the $1.5 billion investment that was announced on Wednesday will be focused towards the developments of the industry as a whole and will not particularly focus on its own software and hardware. The announcement made by Hu was a part of the company’s broader computing strategy and includes investing in basic research around its products that will support new technologies like artificial intelligence.

The company has also assured that it will make its hardware and software more readily available to its customers and partners. Huawei has faced a tough year as the United States had placed the company on a blacklist in May, 2019 which is a part of the Entity List. It essentially restricts many American companies from selling their products to Huawei without permission from the US government.

Photo Credits: Financial times