Five Strategic Initiatives of Huawei to Boost Business Resilience in a Challenging Environment

Huawei has organized its 18th Global Analyst Summit in Shenzhen. With the presence of more than 400 guests, including industry and financial analysts, key opinion leaders, and media representatives both on-site and online, Eric Xu, Huawei’s rotating chairman presented a keynote speech. He also shared the five strategic initiatives for the company to boost its business.

Check out: Huawei to Transfer 5G technology for global innovation

Five strategic Initiatives

Here are the five strategic initiatives of the company in such a challenging environment, according to Mr. Xu.

• Optimize its portfolio to boost business resilience. As part of these efforts, Huawei will strengthen its software capabilities and invest more in businesses that are less reliant on advanced process techniques, as well as in components for intelligent vehicles.
• Maximize 5G value and define 5.5G with industry peers to drive the evolution of mobile communications.
• Provide a seamless, user-centric, and intelligent experience across all user scenarios.
• Innovate to reduce energy consumption for a low-carbon world.
• Address supply continuity challenges.

“Rebuilding trust and restoring collaboration across the global semiconductor supply chain is crucial to bringing the industry back on track,” stressed Eric Xu.

“Moving forward, we will continue to find ourselves in a complex and volatile global environment. The resurgence of COVID-19 and geopolitical uncertainty will present ongoing challenges for every organization, business, and country. We believe deeply in the power of digital technology to provide fresh solutions to the problems we all face. So we will keep innovating and driving digital transformation forward with our customers and partners to bring digital to every person, home, and organization for a fully connected, intelligent world.”

Check out: Huawei explores 5G innovation outside telecom industries

Nine Technologies Challenges

William Xu, Director of the Board and President of Huawei’s Institute of Strategic Research, presented his keynote and delivered the challenges of society for well-being like that of aging populations and high energy consumptions. He also shared Huawei’s view on the intelligent world of 2030 having nice technological challenges. There he also proposed the way out for each one of them for research efforts. As per William Xu, Huawei, the challenges for the intelligent world are as follows:

1. Defining 5.5G to support hundreds of billions of different kinds of connections
2. Developing nanoscale optics for an exponential increase in fiber capacity
3. Optimizing network protocols to connect all things
4. Providing advanced computing power strong enough to support the intelligent world
5. Extracting knowledge from massive amounts of data to drive breakthroughs in industrial AI
6. Going beyond von Neumann architecture for 100x denser storage systems
7. Combining computing and sensing for a hyper-reality, multi-modal experience
8. Enabling people to more proactively manage their health through continuous self-monitoring of personal vital signs
9. Building an intelligent Internet of Energy for the generation, storage, and consumption of greener electricity

“In the decade to come,” said William Xu, “we can expect to see many great improvements in society. To promote these efforts, we hope to join forces with different industries, academia, research institutes, and application developers to address the universal challenges facing humanity. With a shared vision, we all have a role to play as we explore how to make connections stronger, computing faster, and energy greener. Together, let’s march ahead towards an Intelligent World in 2030.”

Global Analyst Summit 2021

Huawei organized the first Global Analyst Summit back in 2004 and continued to hold it annually. The theme of this year’s program was “Building a Fully Connected, Intelligent World” and carried out from April 12 to 14. A huge number of sessions were shared with industry experts’ views on current technological advancements and future trends.

Tell us what do you think of Huawei’s five strategic initiatives and the nine technological challenges for the intelligent world in 2030. Leave your comment below.