Huawei's contribution to building a digital economy
Asia-Pacific is maturing with opportunities for digital
transformation. The epidemic has further accelerated it. With the 5G rollout,
connectivity, cloud, AI, computing and industrial applications are all in one
place, creating significant opportunities for the ICT sector.
The Asian Economic Integration Report 2021 shows that Asia
Pacific is currently earning an annual dividend of 1.7 trillion. That figure is projected to
exceed 8.6 trillion annually by 2025.
The growing use of digital technology is expected to create
65 million new jobs annually by 2025. Thus, the recent investment in research
and development is creating great opportunities.
Huawei's advances in digital power and cloud-based
connectivity and computing, along with its business strategy, have helped drive
the Asia-Pacific digital economy.
Opportunity brought by digital trends
covid-19 is creating new opportunities in digital
transformation. The new opportunities it brings have rejuvenated me. Huawei's
old vision and mission continues in 2022.
Which will fully connect every individual, home and
organization digitally. Mobile World Congress-2022 has just ended. Our products
presented there have succeeded in reflecting the company's 2030 vision.
Huawei is working in four different areas, examining how
technology will affect human life, industry, society and the economy by 2030.
These include digital lifestyles, digital industries,
digital infrastructure and digital careers. Under the digital lifestyle, XR and
sophisticated multimedia will redefine everything from museum visits to
shopping.
Digital infrastructure will help increase green energy
consumption by reducing electricity consumption in the industry by 42 percent.
The digital carrier will provide more computing and storage capabilities to the
industry by supporting more than 200 billion connections.
New Inventions in the Digital Infrastructure
Basically, our future will be based on three driving forces:
trade, technology and sustainability. Increasing consumption of digital
technology in various industries for digitization and service improvement will
help in business expansion.
In the second, technology-based 5 G Advance, 6 G, IPVX and
computing technology will expand the new application.
Finally, sustainable development, including green
development, social responsibility and rapid response, will make a profound
difference in people's lives.
Connectivity and cloud are the lifeline of digital
transformation. But the digitalization of this area is not complete. The Huawei
Global Connectivity Index ranks India, Indonesia and the Philippines at 63, 58
and 59, respectively, and Singapore at second.
The Philippines and Indonesia have the lowest fixed
broadband speeds compared to Singapore and Thailand. Cloud access to this area
is less than 20 percent. Forge mobile coverage is comparable to that of fixed
broadband.
Launched in 2017 as part of Huawei's 'TechFaral' initiative,
the 'Rural Star' program has been providing internet and connectivity in underdeveloped
areas. In the first year, cooperation was made with 12 service providers from
eight countries including Thailand and Indonesia.
The collaboration has helped bring rural internet connection
as well as new technology to the countryside.
Asia Pacific with Digital Economy Opportunity
Asia Pacific, the world's most populous and diverse region,
is at the forefront of the digital economy. Accordingly, we have seen many
opportunities for further development and digital transformation of the digital
economy in this region.
We also see that many countries in the region have issued
policies necessary for the digitization of the country. For example, Singapore
has released a blueprint for its Smart Nation 2025.
Indonesia and Malaysia, Bangladesh, Thailand, Nepal have
already made public their vision to become a digital hub in ASEAN.
We will work together as key contributors to make the policy
issued by Asian countries a success. To that end, we focus on three areas:
connectivity and intelligence, reducing carbon emissions, and digital
inclusion.
Forge, 5 G, Fiber and IoT are the most important pillars of
the digital economy in digital connectivity. Digital consumption has increased
with covid.
Huawei's Outlook
Carrier business continues to profit from 5G network
structure construction and remains robust, with 13 overseas countries having
the stylish experience of Huawei's 5G network in third- party tests. Overseas,
along with our drivers and mates, we promoted 5G operations, including numerous
operations for assiduitycommercialization.Our Enterprise business, established
in 2011, has exceeded prospects and formerly includes further than half of the
top Fortune Global 500 companies and further than mates, helping colorful
diligence transfigure including education, government, finance, energy,
transportation andmore.Cumulative shipments of smart wear bias now exceed 100
million worldwide, driving our Consumer business and we continue to expand our
footmark with new bias that include ultraexpensive smartphones and tablets,
smart defenses, audio, printers, laptops, desktops and further.
Our Harmony operating system has surpassed 220 million
druggies encyclopedically and Asia Pacific continues to lead with the
rapid-fire development of our consumer HMSecosystem.Our Cloud and Digital
Energy businesses achieved double- number growth in part due to a community of
over 8 million Huawei Cloud inventors and green spots stationed in further than
100 countriesworldwide.Certainly the political climate has impacted Huawei's
capability to do business as we'd like. Indeed in the face of adversity, we've
achieved the loftiest net profit in history, hold sufficient net cash, and
maintain a healthy fiscal position of thecompany.Going forward Huawei will
acclimatize to this new terrain with an optimized organizational structure and
continuously ameliorate our operating capabilities and organizational
effectiveness.
While maintaining the advantage of a large platform, we've
docked the operation chain through the airman operation of artificial
accessories that are suitable to respond more snappily to client requirements.
Huawei has both the capabilities and confidence to continue serving our guests
with innovative, business-aligned, sustainablesolutions.Huawei's business
strategy is clear, fastening on connectivity and computing, and developing new
businesses that include digital energy and pall. More importantly, we will
support assiduity metamorphosis by using our further than 5GtoB systems to
offer guidance and results for Smart Mining, Smart Manufacturing, and Smart
Anchorages, helping drivers launch 5GtoB services moresuccessfully.
We're committed to driving invention, attracting top and
outstanding global gift, and supporting the nonstop operation of hundreds of
drivers, millions of businesses and billions ofconsumers.We continue to be
guided by our commitment to invention, openness, collaboration and participated
success. Indeed under heavy pressure, we work our world- leading strong
investment in R&D and drive the perpetration of our globalization strategy
that includes norms, gift and force chain. Through this, We maintain our
capability to produce value for guests, cooperate with mates for participated
success, and contribute to society as a whole. Only by working together can we
make the structure, services and trust that will power us into the Intelligent
World.
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