
TOKYO -- Addressing a gathering of executives and researchers from Japan's top companies and universities at a luxury hotel in Tokyo on Thursday, Huawei Technologies Chairman Liang Hua spoke of technology, collaboration -- and cold hard cash.
The Chinese tech giant has already spent over $7 billion on procurement in Japan this year, with the total expected to reach $11 billion, he said. This figure will be on par with Huawei's spending last year in the U.S., the company's biggest supplier.