Huawei's contribution to building a digital economy


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.