Huawei outlines future focus, warns US actions will harm firm and its customers
Wednesday, May 20th, 2020
Global telecommunications firm, Huawei, held its 17th annual Global Analyst Summit in Shenzhen, China, where it revealed that its future focus shall remain in the domains of connectivity, computing, and smart devices.
The event, held onsite and online, was attended by over 2,000 analysts, key opinion leaders and media representatives from across telecoms, internet and finance.
In his keynote speech, Huawei’s Rotating Chairman, Guo Ping, said the firm has over the last 30 years deployed over 1,500 networks in over 170 countries, serving more than 3 billion worldwide.
“Over the past year, many technologies became unavailable to us. Despite this, Huawei struggled to survive and is striving to move forward,” said Guo Ping.
The Huawei boss said that the telco has provided smart devices to 600 million consumers but warned that recent actions by the United States threaten to harm the firms as well as the experiences of customers who use their products and services.
The US introduced a new rule in a move to cut off chip supplies to Huawei, requiring foreign firms using American software or equipment to manufacture chips to sell to the Chinese telco to get a license.
China, in response, said that it would take countermeasures, according to the Global Times publication.
“ICT infrastructure is the foundation of the intelligent world. By 2025, the digital economy will represent an industry worth 23 trillion US dollars. The ICT industry still has great potential. Standing at the threshold of the intelligent world, we can see more opportunities than challenges for the ICT industry,” said Guo Ping.
The Huawei chairman said that the tech industry should work together to strengthen IPR protection, safeguard fair competition, protect unified global standards and promote a collaborative global supply chain.