The mainland joint venture between Huawei Technologies, the country's largest telecommunications equipment manufacturer, and US-based software supplier Symantec Corp is going global. 'We're looking to take this huge partnership beyond the telecommunications space and China,' said Symantec president and chief executive Enrique Salem. 'Our goal is to take it more into the enterprise, or commercial, arena worldwide, especially in emerging markets.' Symantec, the top global supplier of security and storage software, invested US$150 million in Huawei Symantec Technologies, which began operations in February 2008 with headquarters in Chengdu's West Zone Science Park inside the University of Electronic Science and Technology of China. Huawei Symantec makes and distributes security and storage appliances, used mostly by telecommunications carriers and mainland enterprises. The venture gives Symantec access to Huawei's intellectual property licences, research and development capabilities, manufacturing expertise and engineering talent. The US company aims to make additional investments to support sales, marketing and engineering, but as yet there are no plans to increase Symantec's stake in the venture - Symantec has a 49 per cent stake with an option to increase it after three years. 'It's still too early,' said Salem (pictured). 'At this point, I'm more concerned about making the business successful and making sure the partners create products which can be sold around the world.' According to market research firm International Data Corp, the global security and storage appliance market is worth about US$23 billion, with demand on the mainland forecast to exceed US$1.1 billion. 'This year started off with a bang for security awareness overall, with major news headlines dominated by talk of the Google-China situation, and mainstream publications reporting heavily on the iPhone and potential security risks in handheld devices and mobile networks,' said Jeff Wilson, the principal analyst for security at Infonetics Research. He said it would be 'a good year for the network and content security appliance and software markets'. It would also provide the sort of robust market demand Huawei needed after its sales growth slowed sharply last year. The company said revenue rose 17.5 per cent last year to US$21.5 billion, down from the 43 per cent growth rate in 2008. This year, Huawei forecasts sales to stabilise and rise 20 per cent to US$36 billion.