Huawei Technologies Co on highlighted the role technology plays in combating the COVID-19 pandemic and disclosed it posted growth in both revenue and profit last year.
Hu Houkun, deputy chairman of Huawei, said at the opening ceremony of the 2021 Mobile World Congress Shanghai Tuesday, said a press release.
Hu also spoke about the huge impact COVID-19 has had on countries, enterprises and people around the world, as well as the role technology plays in combating the pandemic.
COVID-19 has created many new requirements for digital infrastructure.
Huawei has worked closely with carriers to ensure the stable operations of more than 300 networks across 170 countries.
In Indonesia, Huawei employed a new digital delivery technology to rapidly deploy over 50,000 base stations.
In Ningxia, China, Huawei’s integrated routers enable multi-cloud access for enterprise users, helping them move to the cloud more rapidly – and at a lower cost.
Huawei predicts that, by 2025, 97 per cent of all large companies will use AI.
Other estimates for 2025 include that 55 per cent of China’s entire GDP will be driven by the digital economy, and 60 per cent of global carrier revenue will be derived from industry customers.
Hu noted that to achieve these projections, ‘all industries should focus on improving their capabilities, building out the ecosystem, and creating value with digital technology.’
Huawei has been focusing heavily on 5G innovation to help drive the digital transformation of all industries.
Hu noted that Huawei’s innovation is focused on three areas: technology, products, and applications.
In technology, Huawei’s new 5G Super Uplink solution delivers unmatched uplink speeds, helping companies break through a major bottleneck in the industrial Internet.
Huawei is also working closely with customers and partners to drive innovation in 5G.
Hu reported that, in collaboration with its partners and regional carriers, Huawei has signed more than 1,000 contracts for industrial 5G applications in more than 20 industries.
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