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Since it opened its Brazilian subsidiary in September 2010, Huawei Symantec - the joint venture between Chinese telecoms infrastructure provider Huawei and US security firm Symantec (Nasdaq: SYMC) - has made breakthroughs with sectors such as government, finance, energy and education, Liu Peng, senior director of the Brazil unit, told BNamericas.
"There is a huge demand for IT outsourcing, including cloud storage and the usage of container-based data centers. These are areas that align with Huawei Symantec's strengths. [With] customer-centric innovation being our core focus, Huawei Symantec will continue to invest to develop more innovative network security and storage solutions that match the changing needs of growing Brazilian enterprises," he said.
The overall strategy this year is to continue business development, bringing to market solutions such as cloud storage, fast-deployed data center, and unified threat management, Peng noted. "The company's strategy is based on cloud and servers, storage, backup/recovery, network and security areas."
Peng declined to report any revenue figures, saying Huawei Symantec does not publish financial results at a global or local level. He limited himself to saying that the company achieved its annual revenue target in 2010 and that global revenues have grown more than 50% a year since Huawei Symantec was established in 2008. He added, "We expect this growth trajectory to continue in 2011."
Neither would the executive comment on any possible plans of expanding to other Latin American countries, using Brazil as a base, as the company considers that information part of its business strategy.
The Huawei Symantec subsidiary in Brazil plans to have about 50 employees by year-end, Peng did say.
Before its local launch, Huawei Symantec did business in Brazil with local distributors Avnet and Acadia and 10 certified integrators. Huawei Symantec's Brazil office is located in Berrini, São Paulo, close to Huawei do Brasil headquarters.
Headquartered in Chengdu, China, Huawei Symantec has more than 4,000 employees, 55% of whom are in R&D. It has more than 40 service branches throughout the world.