Ken Hu, Huawei's Rotating Chairman,
speaking at HAS 2022 |
Huawei plans to boost investment in innovation to build new products, to enhance and accelerate new technologies. The company held its 19th annual Global Analyst Summit in Shenzhen from April 26 to 27.
For more than 30 years, Huawei have
been innovating nonstop to create value for our customers and society.
Innovation has become a core part of Huawei's DNA. Despite considerable
operational challenges over the past few years, we have continued to steadily
increase our investment in R&D. For nearly a decade, our strategy has been
to re-invest at least 10% of our annual revenue back into R&D. Last year,
we invested 22%. Huawei's Rotating Chairman Ken Hu said during the event.
Hu went on to discuss the specific
initiatives that Huawei is working on to realize its vision for the future.
"We are currently focusing on three areas: strengthening our approach to
innovation, equipping all industries with the tools and knowledge they need to
go digital, and helping build a low-carbon world."
According to him, Huawei sees two
major trends: all industries are going digital, and the world is setting its
sights on low-carbon development. “Needless to say, no organizations these days
are asking themselves whether or not they ought to go digital. They're more
concerned about how to go digital and how to do it well.” Said Hu.
In Huawei’ view, the ICT and finance
industries were first-movers, so their transformation goes deep – all the way
down to their core production systems. Industries like electric power, fuel,
and manufacturing are using digital technology to solve production challenges,
whereas the digital journey of industries like real-estate, construction, and
agriculture has only just begun. Because these industries are at different stages
of the transformation process, they naturally have different concerns.
For the past 10 years, we've been
going through our own digital transformation. We've gained a lot of valuable
experience along the way, Hu said.
Moving forward, Huawei is taking active
steps to boost its business resilience and ensure steady development. "We
have to keep the ball rolling through nonstop innovation, creating value for
customers and society," said Ken Hu. "We look forward to working more
closely with our customers and partners to build a greener intelligent
world."
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