Huawei to invest US$100 million in Chile’s internet infrastructure

Contxto – Chinese tech giant, Huawei, intends to invest over US$100 million in Chile. According to the company, everything is in motion to develop cloud storage infrastructure in the South American tech hub in the next three to five years. Following Google’s recent news of the installation of an optical fiber cable from Los Angeles, California to Valparaiso, Chile, now Huawei also wants to join the party. According to Huawei Chile’s CEO, David Dou Yong, the company hopes to develop a brand new infrastructure. The goal is to turn the country into “Latin America’s heart” in terms of technological capacity. The executive held a meeting with Huawei’s CEO, Lian Huang, Chile’s General Director, Marcelo Pinto, and Chilean President, Sebastián Piñera, during a tour across China. During this time, the company announced its ambitious initiative called Huawei Cloud.