Huawei in bid to grow enterprise business amid scrutiny on key telecoms segment [Reuters (UK)]
Oracle Corporation (ORCL)
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Source: Reuters
Huawei in bid to grow enterprise business amid scrutiny on key telecoms segment - Reuters 3 Min Read HONG KONG (Reuters) - Huawei Technologies unveiled on Wednesday a new database management system, in a bid to expand its enterprise business and challenge Western rivals such as Oracle Corp in China, amid growing scrutiny over its main telecom business. Huawei said in a statement its new database management software, called GaussDB, is backed by artificial intelligence and works locally as well as on clouds. The move comes amid growing international scrutiny over Huawei’s main telecom equipment business as Washington tries to persuade its allies that Huawei posed national security risks. Huawei is trying to grow its nascent enterprise service business, a segment accounting for around 10 percent of its revenue, while its smartphone business continues to grow its share in a shrinking global market. Industry consultancy IDC said in a report this month that China’s cloud system and managem
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