Taiwan Companies to Supply Products for Huawei
Huawei, one of the Wold’s leading information and communications providers based in Shenzhen is planning to increase their purchases from Taiwanese suppliers. Huawei is said to be buying products worth around 110 billion New Taiwan dollars from their Taiwan suppliers by the end of this year.
Last year the company purchased 99.5 NT billion dollars worth of products from its suppliers making Taiwan the third largest supplier for Huawei. The companies will not only buy mobile phone components, but components for tablet computers as well, expanding their base stations from devices connected with IPTV to cloud computing technology.
Huawei has signed with Foxconn, Prime Electronics and Satellite Inc., these companies will be supplying 70 billion NT dollars worth of products to Huawei. The cooperation between the companies is beneficial since Huawei provides network solutions and the Taiwanese partners have the advantages in producing and designing various electronic components and devices that Huawei needs.