Latest news with #AtilioRulli
Time of India
2 days ago
- Business
- Time of India
Huawei eyes greater role in Brazil data center market
By Rodrigo Viga Gaier RIO DE JANEIRO: Chinese tech giant Huawei is interested in strengthening and improving its capacity as a supplier of data center solutions , it said in a statement to Reuters on Thursday, clarifying that it did not intend to invest directly in data centers. Reuters had reported on Wednesday that Huawei was interested in Brazil's data center market but was waiting on the government to roll out a tax-break plan. "We want the government to implement these incentives, which are good for the country, and the time has to be now," Atilio Rulli, Huawei vice president of public relations for Latin America and the Caribbean, told Reuters. The government's plan to dole out tax breaks for tech investments in Brazil is set to be sent to Congress soon, a finance ministry adviser said last month. Latin America's largest economy is looking to establish a foothold in the fast-growing data center industry, pulling from its ample renewable energy. The country is already courting major investments from firms such as ByteDance, TikTok's Chinese parent company, Reuters has reported. Huawei could provide connectivity, storage and energy for data centers, Rulli said, speaking on the sidelines of an event hosted by state development bank BNDES. "Huawei continues to follow the incentive policy being conducted by the Ministry of Development, Industry, Trade and Services, and when in force, will continue to contribute reliable, scalable and sustainable solutions to accelerate the digital transformation in Brazil and Latin America," Huawei said in the statement on Thursday.
Asharq Al-Awsat
2 days ago
- Business
- Asharq Al-Awsat
Huawei Eyes Greater Role in Brazil Data Center Market
Chinese tech giant Huawei is interested in strengthening and improving its capacity as a supplier of data center solutions, it said in a statement to Reuters on Thursday, clarifying that it did not intend to invest directly in data centers. Reuters had reported on Wednesday that Huawei was interested in Brazil's data center market but was waiting on the government to roll out a tax-break plan. "We want the government to implement these incentives, which are good for the country, and the time has to be now," Atilio Rulli, Huawei vice president of public relations for Latin America and the Caribbean, told Reuters. The government's plan to dole out tax breaks for tech investments in Brazil is set to be sent to Congress soon, a finance ministry adviser said last month. Latin America's largest economy is looking to establish a foothold in the fast-growing data center industry, pulling from its ample renewable energy. The country is already courting major investments from firms such as ByteDance, TikTok's Chinese parent company, Reuters has reported. Huawei could provide connectivity, storage and energy for data centers, Rulli said, speaking on the sidelines of an event hosted by state development bank BNDES. "Huawei continues to follow the incentive policy being conducted by the Ministry of Development, Industry, Trade and Services, and when in force, will continue to contribute reliable, scalable and sustainable solutions to accelerate the digital transformation in Brazil and Latin America," Huawei said in the statement on Thursday.
CNA
3 days ago
- Business
- CNA
Huawei eyes incentives for Brazil data center investments
RIO DE JANEIRO :Chinese tech giant Huawei is interested in investing in Brazil's data center market but is waiting on the government to roll out a planned tax break scheme, an executive told Reuters on Wednesday. "We are completely interested (in investing)," Atilio Rulli, Huawei's vice president of public relations for Latin America and the Caribbean, told Reuters. "We want the government to implement these incentives, which are good for the country, and the time has to be now." A government plan to dole out tax breaks for tech investments in Brazil is set to be sent to Congress soon, a finance ministry adviser said last month. The Latin American nation, the region's No. 1 economy, is looking to establish a foothold in the fast-growing data center industry, pulling from its ample renewable energy. The country is already courting major investments from firms such as ByteDance, TikTok's Chinese parent company, Reuters has reported.
Reuters
4 days ago
- Business
- Reuters
Huawei eyes data center investments in Brazil, says executive
RIO DE JANEIRO, July 9 (Reuters) - Chinese tech giant Huawei [RIC:RIC: is interested in investing in Brazil's data center market but is waiting for a local government bill to finalize its strategy for the country, an executive told Reuters on Wednesday. Citing Huawei's international experience in the data center sector, the executive emphasized that the advancement of artificial intelligence requires government incentives and support. "We want the government to implement these incentives, which are good for the country, and the time is now. In the next two to three years," said Atilio Rulli, the company's vice president of public relations for Latin America and the Caribbean.
Yahoo
4 days ago
- Business
- Yahoo
Huawei eyes data center investments in Brazil, says executive
RIO DE JANEIRO (Reuters) -Chinese tech giant Huawei is interested in investing in Brazil's data center market but is waiting for a local government bill to finalize its strategy for the country, an executive told Reuters on Wednesday. Citing Huawei's international experience in the data center sector, the executive emphasized that the advancement of artificial intelligence requires government incentives and support. "We want the government to implement these incentives, which are good for the country, and the time is now. In the next two to three years," said Atilio Rulli, the company's vice president of public relations for Latin America and the Caribbean. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
