Huawei must optimize its product portfolio to increase its resilience and to meet the challenges of the market. Opening the 18th edition of the Global Analyst Summit in Shenzhen, the rotating president Eric Xu shared the performance of the group in 2020 and illustrated the five strategic initiatives that the company intends to support for the future in the continuation of the sanctions decided by the United States on the supply of hi-tech components.
First, the optimization of your portfolio to increase business resilience; then the maximization of the value of 5G by guiding the evolution of mobile communications with the 5.5G; the provision of a fluid, multi-scenario, intelligent and user-centric experience; innovation to reduce energy consumption and keep carbon emissions low; finally, the maintenance of continuity of supply.
Restore trust
At the event, which was attended online by over 400 guests including financial and industry analysts, and the media, Xu explained that “restoring confidence in the market and restoring collaboration across the global semiconductor supply chain is critical to bringing back the sector on the carriageway “. Otherwise, moving forward, “we will continue to find ourselves in a complex and unstable global environment. The resumption of the pandemic from Covid-19 and geopolitical uncertainty will present ongoing challenges for every organization, company and country. We will continue to innovate and develop digital transformation with our customers and partners to bring digital to every person, home and organization to create a fully connected and intelligent world “.
The car
Huawei will invest over a billion dollars in autonomous driving research and electric car technologies in 2021, competing with Tesla and China’s Xiaomi. Eric Xu said, explaining that the company will act in partnership with three Chinese car chains (Baic, Chongqing Changan Automobile and Guangzhou Automobile Group) bringing its technologies. “The smart car business unit receives one of the strongest investments from Huawei. We will invest more than a billion dollars in the development of components this year,” announced the executive of the group founded by Ren Zhengfei, quoted by the Bloomberg agency. Taking into account the thirty million new cars that appear every year in China, he continued, “even if we do not exploit the market outside of China, if we can earn an average of ten thousand yuan”, equal to about 1,280 euros, “on each car sold. in China, it’s a big deal for Huawei. ”