|Phenny Lynn Palec |||Sep 01, 2016 02:13 PM EDT|
(Photo : Getty Images) Huawei announced that it is aiming to sell $10 billion worth of software and hardware products to global data center firms by 2020.
Chinese tech giant Huawei has set its target on yet another tech sector; data centers.
Tech giants like Facebook and Google are scrambling to create data centers to hold massive amount of data. These data centers are mostly built of racks and racks of data storage equipment that hold all the data that are being passed through the Internet.
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With the explosion of digital media, companies like Dell, Lenovo, Cisco, and EMC have all made a fortune selling computing and storage equipment to data centers. This is where Huawei posing a great threat.
At a recently concluded event, Huawei announced that it aims to sell $10 billion worth of software and hardware products to global data center firms by 2020, according to Bloomberg. While some might raise an eyebrow about such an ambitious goal, Huawei has the capital to support this ambitious feat.
Despite Huawei's optimism about the data center industry, some market analysts say that most western tech firms may not opt for a Huawei equipment. Not because of its quality, but because of the unfounded fear that China would use these equipment to spy on their computer networks.
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