China’s Huawei inks deal to sell phones in Cuba

China's Huawei inks deal to sell phones in Cuba
November 7, 2015, 5:44 am

Chinese telecom giant Huawei inked a deal with Cuban telecom company
Etecsa on Friday to sell its smartphones in the island nation, signaling
Huawei's further expansion in the Latin American and Caribbean region.
Javier Villarino, Huawei's head of sales in Cuba, told reporters that
the deal with Etecsa would allow Huawei to sell phones, distribute spare
parts and accessaries, and train repair staff.

"Etecsa will be able to acquire our products in a safe way with
guarantees," Villarino said.

China's largest maker of telecommunications equipment sold 48.2 million
smartphones in the first six months of the year.

Chinese products, such as home appliances, have been growing in
popularity in Cuba.

An Etecsa report in April showed the Cuban mobile phone market had more
than 3 million users and was growing rapidly.

Joining more than 40 Chinese companies, Huawei also displayed its
products and services at the 33rd Havana International Fair (Fihav
2015), which will conclude on Saturday.

Fihav 2015 has seen the presence of Chinese automotive, electronics, and
renewable energy companies, besides Huawei and others.

Huawei, founded in 1987 by former army engineer Ren Zhengfei, is one of
several Chinese smartphone makers vying with Apple and Samsung for
supremacy in a hotly contested global market for mobile devices.

China's Huawei Technologies said last month it will spend $1 billion to
support information and communication technology developers over the
next five years.

"The aim is to help developers create innovative services and rapidly
respond to customers' business needs," Huawei executive director and
president of products and solutions Ryan Ding said in a statement.

Huawei has become the world's second-largest maker of equipment for
phone networks, behind Ericsson AB, without access to the US telecom
market, where it has battled claims that its gear could allow Chinese
intelligence services access for spying.

The company has denied the allegations.

Source: China's Huawei inks deal to sell phones in Cuba | The BRICS Post
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