Friday, 11 July, 2025
Huawei Eyes $‑Plus‑Billion Brazil Data‑Centre Push, Awaiting Tax Incentives
Chinese tech giant Huawei plans to strengthen its role as a supplier of data-centre solutions in Brazil—providing connectivity, storage, and energy technologies rather than investing directly in facilities. The initiative awaits government-backed tax incentives for tech investments, which are set to go to Congress soon. Brazil, leveraging its abundant renewable energy, aims to attract leading firms like ByteDance into its burgeoning data-centre market to drive digital transformation.
Read full story at Economic Times