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Huawei to Launch TVs Next Month, Target Annual Sales of 10 Million, Reports Say

LI NA
DATE : MAR 22 2019/SOURCE : YICAI

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Huawei to Launch TVs Next Month, Target Annual Sales of 10 Million, Reports Say

(Yicai Global) March 22 -- Huawei Technologies has repeatedly denied plans to enter the traditional home appliances sector, but media reports say the consumer electronics giant will debut a 55-inch television next month.

The Shenzhen-based company is angling for annual sales of 10 million sets, the reports said, citing an unidentified supplier upstream. Huawei declined to comment.

Another supplier was surprised at the figure being bandied about. "The number 10 million is quite an exaggeration," a hardware provider for Huawei's large-display products told Yicai Global. "The figure won't exceed 3 million for this year." The company's big-display products will soon hit the market but in small numbers, he added.

Huawei has denied previous reports that it plans to enter the TV arena. "Huawei does not intend to and will not get into the field of traditional electrical appliances," Yu Chengdong, the chief executive of its consumer business group, said at the Appliance & Electronics World Expo in Shanghai earlier this month.

Still, Yu added that the entire sector has welcomed the era of artificial intelligence. Speakers with screens and large AI displays can work as TVs. Huawei is in talks with partners and does not intend to start the business alone, meaning it will not tap the customary home appliances market and would instead enter it with 'new products.'

"Many issues have yet to be decided and the process will be fairly slow," an analyst at Beijing-based Sigmaintell Consulting said. "The number cannot reach 10 million, but will be about 1 million." Huawei's Honor brand will launch the first products, while Huawei-branded ones would not debut immediately, she added.

Huawei's large-display units will integrate smart TVs and routers. They can be called 'routers with displays' rather than TVs, a market insider told Yicai Global. These big-screen products may also be equipped with double monitors and support gaming and social networking, another source said.

The Smart Home market will also be an important aspect of the company's future positioning, and it hopes this business can account for 30 percent of its terminals, Huawei told Yicai Global previously.

https://www.yicaiglobal.com/news/hu...target-annual-sales-of-10-million-reports-say

***

No stopping for Huawei :lol:
 
Huawei to Launch TVs Next Month, Target Annual Sales of 10 Million, Reports Say

LI NA
DATE : MAR 22 2019/SOURCE : YICAI

top.jpg


Huawei to Launch TVs Next Month, Target Annual Sales of 10 Million, Reports Say

(Yicai Global) March 22 -- Huawei Technologies has repeatedly denied plans to enter the traditional home appliances sector, but media reports say the consumer electronics giant will debut a 55-inch television next month.

The Shenzhen-based company is angling for annual sales of 10 million sets, the reports said, citing an unidentified supplier upstream. Huawei declined to comment.

Another supplier was surprised at the figure being bandied about. "The number 10 million is quite an exaggeration," a hardware provider for Huawei's large-display products told Yicai Global. "The figure won't exceed 3 million for this year." The company's big-display products will soon hit the market but in small numbers, he added.

Huawei has denied previous reports that it plans to enter the TV arena. "Huawei does not intend to and will not get into the field of traditional electrical appliances," Yu Chengdong, the chief executive of its consumer business group, said at the Appliance & Electronics World Expo in Shanghai earlier this month.

Still, Yu added that the entire sector has welcomed the era of artificial intelligence. Speakers with screens and large AI displays can work as TVs. Huawei is in talks with partners and does not intend to start the business alone, meaning it will not tap the customary home appliances market and would instead enter it with 'new products.'

"Many issues have yet to be decided and the process will be fairly slow," an analyst at Beijing-based Sigmaintell Consulting said. "The number cannot reach 10 million, but will be about 1 million." Huawei's Honor brand will launch the first products, while Huawei-branded ones would not debut immediately, she added.

Huawei's large-display units will integrate smart TVs and routers. They can be called 'routers with displays' rather than TVs, a market insider told Yicai Global. These big-screen products may also be equipped with double monitors and support gaming and social networking, another source said.

The Smart Home market will also be an important aspect of the company's future positioning, and it hopes this business can account for 30 percent of its terminals, Huawei told Yicai Global previously.

https://www.yicaiglobal.com/news/hu...target-annual-sales-of-10-million-reports-say

***

No stopping for Huawei :lol:

Huawei has shown its ambitions on autonomous vehicles.

Who knows, we might one day see a “chrysanthemum” logo on self-driving cars. :-)
 
Huawei has shown its ambitions on autonomous vehicles.

Who knows, we might one day see a “chrysanthemum” logo on self-driving cars. :-)

Old news, but :lol:

***

Huawei Releases the Autonomous Driving Mobile Network Solution MAE

Nov 26, 2018

[London, United Kingdom, November 26, 2018] Huawei's first wireless automation roundtable was held during the 2018 GMBBF. Huawei officially released the Mobile Automation Engine (MAE) solution, which accelerates full-scenario autonomous driving in mobile networks.

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Zhou Yuefeng, CMO of Huawei Wireless Solution, released the autonomous driving mobile network solution MAE.

The OPEX of telecom operators remains high currently. With the advent of 5G, mobile operators will face the coexistence of multiple RATs (including GSM, UMTS, LTE, and NR) for a long period of time. Network becomes much more complex, posing many challenges to network O&M, performance improvement, and user experience assurance. The industry has reached consensus that network automation is essential to reduce OPEX.

"Drawing on the concept of autonomous driving levels, telecom operators need to approach full network automation by-scenario and by-level based on the O&M workflow," said Zhou Yuefeng, CMO of Huawei Wireless Solution. He continued, "Huawei recently released the white paper Key Scenarios of Autonomous Driving Mobile Network, which describes seven key scenarios, such as base station deployment and network performance improvement, to unify industry consensus and gradually realize automation of these key scenarios.

The MAE solution carries three major concepts: All-Scenario Oriented, AI Inside, and Autonomy by Layer (3A).

  • All-Scenario Oriented: Network operation transfers from NE-oriented to scenario-oriented.
  • AI Inside: AI capabilities are introduced to build an intelligent engine that converges management and control, endowing the network with new capabilities, such as scenario awareness and identification, network prediction, and self-learning.
  • Autonomy by Layer: Closed-loop autonomy is used to shield the various scenarios and enable efficient collaboration. Customers only need to focus on intentions and policies.
It is worth mentioning that Huawei's first wireless automation roundtable attracted a wide range of participants from industry partners, including operators, associations, and analyst organizations. It is agreed that all parties should make full use of their advantages and collaborate together to make network automation a reality.

"Huawei's MAE solution has shown its values in some key scenarios through the practice with our customers, bringing confidence to the industry," said Zhou. He concluded, "Let us accelerate the application of AI in mobile networks, jointly promote autonomous driving networks, and embrace the fully connected, intelligent world."

Together with industry partners GSMA and GTI, the 2018 Global Mobile Broadband Forum hosted by Huawei was held in London, UK on November 19-21, 2018, when global operators, regulators, and vertical operators will be invited. Industry partners, as well as media and analysts gathered to discuss the development of the mobile industry. For more details, please see: Link

EU to drop threat of Huawei ban - sources

CGTN - 23-Mar-2019


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The European Commission will ignore U.S. calls to ban Huawei Technologies, but will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks, four people familiar with the matter said on Friday.

European digital chief Andrus Ansip will present the recommendation on Tuesday. While the guidance does not have legal force, it will carry political weight which can eventually lead to national legislation in European Union countries.

The Commission will not call for a European ban on global market leader Huawei, leaving it to EU countries to decide.

The United States has lobbied Europe to shut out Huawei, saying its equipment could be used by the Chinese government for espionage. Huawei has strongly rejected the allegations and earlier this month
sued the U.S. government over the issue.

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European Union flags outside the EU Commission headquarters in Brussels, Belgium./Reuters Photo

Ansip will tell EU countries to use tools set out under the EU directive on security of network and information systems, or NIS directive, adopted in 2016 and the recently approved Cybersecurity Act, the people said.

For example, member states should exchange information and coordinate on impact assessment studies on security risks and on certification for internet-connected devices and 5G equipment.

“It is a recommendation to enhance exchanges on the security assessment of digital critical infrastructure,” one of the sources said.

The Commission said the recommendation would stress a common EU approach to security risks to 5G networks.

Germany this month set tougher criteria for all telecoms equipment vendors, without singling out Huawei and ignoring U.S. pressure.

Big telecoms operators oppose a Huawei ban, saying such a move could set back 5G deployment in the bloc by years.

The industry sees 5G as the next money spinner, with its promise to link up everything from vehicles to household devices.

https://news.cgtn.com/news/3d3d774d3151544e33457a6333566d54/index.html

@Viva_Viet

:lol:
 
BYD partners with Huawei for ICV, autonomous driving, smart monorail

Monika From Gasgoo| March 26 , 2019

Shanghai (Gasgoo)- On March 25, Chinese automaker BYD signed a strategic cooperation agreement with Huawei, a Chinese multinational provider of ICT infrastructure and smart devices, to co-boost the innovation of automobile and rail transit, and digital transformation of automotive industry.

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Under the agreement, both parties are ready to carry out in-depth exchange and cooperation in such areas as automobile intelligent connectivity, autonomous driving, smart monorail and smart industrial park. Huawei will exercise its technology advantages in AI, 5G, Internet of Things (IoT), cloud computing and big data to intelligentize and upgrade the mobility service industry and promote companies’ digital transformation by teaming up with BYD, who boasts rich technical resources of NEV and rail transit.

Huawei revealed that the eLTE-based autonomous driving system co-developed by Huawei and BYD has been applied in the monorail system running in Yinchuan, the capital of the Ningxia Hui Autonomous Region. The latest cooperation upgrade will allow BYD to integrate Huawei's eLTE Huawei's ground-to-train wireless private network communications solution into its SkyRail.

Traditional automakers forming partnership with Internet giants and communications companies has gradually become an industrial trend. For instance, SAIC Motor and Alibaba Group joined hands as early as 2014 to build China's first “Internet car”. In last April, Changan Automobile and Tencent agreed a cooperation deal in Internet of Vehicles (IoV), big data and cloud computing fields. Ford Motor (China) Ltd. and Baidu inked a strategic letter of intent on June 27, 2018 to extend in-depth cooperation in such areas as IoV, digital solutions, AI technologies and digital marketing.

http://autonews.gasgoo.com/china_news/70015787.html
 
US ban has little impact on Huawei's bottom line, as its sales jumped 36 percent over the first 2 months of 2019.

China's Huawei Sees Little Impact on Sales From U.S. Broadside - The New York Times

US regime has proven to be ineffective in fighting against a private company. Then, how will they win wars against nations?

Besides, if the EU goes really serious on spying through networks and internet due to US regime shrill-making, then, in the end, US itself will be get hurt most because US is proiven to use national industries to spy on European business and military secrets

If I were the US regime, I would simply stay silent.

:lol:.

***

Huawei welcomes objective approach of Brussels' recommendation on 5G security

Xinhua, March 27, 2019

d673c050-6e3f-4a70-a07e-0b134936f000.jpg

A visitor walks through the booth of Huawei during the CeBIT 2017 in Hanover, Germany, March 20, 2017. [Photo/Xinhua]

Chinese technology firm Huawei's chief representative to the European Union (EU) said on Tuesday that it welcomes the objective approach of the European Commission's recommendation on 5G security.

"Huawei welcomes the objective and proportionate approach of the European Commission's recommendation on 5G security. Huawei understands the cybersecurity concerns that European regulators have. Based on mutual understanding, Huawei looks forward to contributing to the European framework on cybersecurity," said a statement emailed to Xinhua.

"We are firmly committed to continuing working with all regulators and partners to make the 5G rollout in Europe a success," read the statement.

The statement is attributed to Abraham Liu, chief representative of Huawei to the EU institutions, on the occasion of the publication of the European Commission's recommendation on security for 5G on Tuesday.

The European Commission announced a series of operational measures in its recommendation on Tuesday. At the national level, the European Commission said each member state should complete a national risk assessment of 5G network infrastructures by the end of June 2019, after which they should update existing security requirements for network providers and include conditions for ensuring the security of public networks.

At the European Union level, the recommendation said member states should exchange information and complete a coordinated risk assessment by Oct. 1 2019. On that basis, member states would agree on a set of mitigating measures that can be used at national level.

The recommendation said member states have the right to exclude companies from their markets for national security reasons, and possible risks in relation to third-country should be assessed, but did not single out any particular company or country of origin.

Huawei, headquartered in Shenzhen, southern China, is a global leader in information and communication technology. One of Huawei's major businesses is to sell equipment, software and services to telecom operators which provide Internet, broadband, wireless, plus fixed and mobile phone services

Huawei's partners in Europe include big-name telecom operators such as Deutsche Telekom, British Telecom, Vodafone, Orange, Proximus and others.

The Chinese company has more than 12,000 employees in Europe, over 70 percent of whom are hired locally, according to Huawei. In 2018, the company procured goods and services worth 6.3 billion U.S. dollars from Europe.

Huawei has been a target of the U.S., which, despite offering no evidence to support its claims, said the Chinese company could be a security threat to Europe.

The U.S. campaign to ban Huawei has been met with suspicion and resistance here in Europe, with heads of businesses saying banning Huawei could put back 5G rollout in Europe.

Banning Huawei in Europe would be both "expensive" and "hugely disruptive," putting back 5G's arrival in Europe for "two years," the Chief Executive of Vodafone Nick Read said in February.

The European Commission recognized the importance of 5G on Tuesday, saying in the recommendation that "Fifth generation (5G) networks will form the future backbone of our societies and economies, connecting billions of objects and systems, including in critical sectors such as energy, transport, banking, and health, as well as industrial control systems carrying sensitive information and supporting safety systems."

"5G is also a key asset for Europe to compete in the global market. Worldwide 5G revenues should reach the equivalent of 225 billion euros in 2025. Benefits of 5G introduction across four key industrial sectors, namely automotive, health, transport and energy, may reach 114 billion euros per year," said the recommendation.

The European Commission has a 5G Action Plan that sets the target dates of 2020 for commercial launch of 5G in all member states and 2025 for comprehensive roll-out in cities and along major transport paths.
 
Huawei said to join Auto Shanghai 2019 as tier 1 auto supplier for the first time

Monika From Gasgoo| March 29 , 2019

Shanghai (Gasgoo)- Huawei, a Chinese multinational leading provider of ICT infrastructures and smart devices, has reportedly bought a 500-square-meter booth at the upcoming Auto Shanghai 2019 to showcase its tech fruits as a tier 1 automotive supplier for the first time, according to a person with direct knowledge.

“Huawei is dedicated to bringing digital world to every person, every family and every organization, and building a fully interconnected intelligent world. With the development of automotive intelligence, connectivity, electrification and sharing, automobile industry is being deeply integrated with ICT industry. Now, Huawei is ambitious to bring the digital world to every vehicle,” an invitation letter offered by Huawei to media said.

Besides, the invitation letter also revealed that Huawei will hold a global media conference about automotive business at the auto show. Xu Zhijun, rotating CEO of Huawei, will share Huawei's insight and attitude about automotive industry, and elucidate its business contents and business edge in this domain.

6368940354258644612590874.jpg


Huawei's automotive business contents and edge can be summarized as five terms, namely, Internet of Vehicles (IoV) platform, data center, C-V2X vehicle-infrastructure synergy solution, automobile communications and EV-related battery storage, an industry source said.

The tech giant is getting an increasingly stronger presence in automotive industry by forming partnerships with a number of automakers. Gasgoo reported a few days ago that BYD signed a strategic cooperation agreement with Huawei on March 25 to co-boost the innovation of automobile and rail transit, and digital transformation of automotive industry.

Under the agreement, both parties are ready to carry out in-depth exchange and cooperation in such areas as automobile intelligent connectivity, autonomous driving, smart monorail and smart industrial park. Huawei will exercise its technology advantages in AI, 5G, Internet of Things (IoT), cloud computing and big data to intelligentize and upgrade the mobility service industry and promote companies’ digital transformation by teaming up with BYD, who boasts rich technical resources of NEV and rail transit.

On January 28, BAIC BJEV, a new energy vehicle business arm of BAIC Group, inked an agreement with the ICT tech provider to conduct a well-rounded business cooperation focusing on intelligent-connected vehicle (ICV) based on the intention to improve the ecosystem of automotive industry and eventually realize “smart traffic and smart mobility”.

Meanwhile, both companies jointly announced the establishment of the “1873 Davidson Innovation Laboratory” to implement cooperation over technology R&D and product innovation, covering such fields as cloud computing, Internet of Vehicles (IoV) and energy networks. Besides, they would use the newly-built laboratory to study on the in-depth integration of ICT technologies and ICVs, which involves cloud computing, big data, industrial Internet of Things (IoT) as well as cybersecurity, and explore the collaboration over users, ecosystem and supply chain fusion.

In the same January, Huawei agreed an agreement with Chongqing Sokon Industry Group Stock Co.,Ltd (Sokon) to extend cooperation in new energy vehicle (NEV) area. This collaboration, aiming to power the development of intelligent-connected vehicles (ICV) for Sokon, embraces such fields as industrial Internet, ICT infrastructure as well as intelligentization and connectivity of NEVs.

Beside, Changan Automobile and Huawei held an unveiling ceremony for their joint innovation center on January 15. In the meantime, the ceremony was also held to celebrate the implementation of the all-around step-up strategic cooperation between two parties, who were ready to deepen the collaboration in vehicle intelligentization, IoV (Internet of Vehicles) and new energy from 2019. Actually, they had already inked a strategic cooperation agreement on July 4, 2018 to set up the joint innovation center focusing on an IoV platform.

On October 11 at HUAWEI CONNECT 2018, Huawei and the global premium car maker Audi announced their future cooperative plan to conduct joint innovation in L4 autonomous driving area and showcased the all-new Audi Q7 as the embodiment of both parties’ state-of-the-art technologies.

On July 10 last year, Huawei and Audi signed a strategic memorandum of understanding in Berlin to jointly develop ICVs. This newly-formed cooperation will further promote the comprehensive strategy between two parties. Huawei's Mobile Data Center (MDC) has been integrated into the Audi Q7 for autonomous cars’ driving in urban environments. The prototype was exhibited to the public at the HUAWEI CONNECT 2018.

Dongfeng Motor Corporation (Dongfeng) signed in last August a strategic agreement with Huawei to cement their partnership which has been formed in 2014. Under the agreement, both parties would deepen their collaboration in such areas as vehicle intelligentization, connectivity, electrification, sharing as well as informatization and jointly promote the innovation of cutting-edge technologies.

Two companies would join forces to develop next-generation electric-powered ICVs (Intelligent-connected vehicle) by making full use of Dongfeng's profound resources in automobile industry and Huawei's advantages in ICT, with the ultimate goal of providing users with superior ICV products and services.

http://autonews.gasgoo.com/china_news/70015799.html

***

Huawei chaebol. :enjoy:
 
A related story

Apple loses engineer who oversaw iPhone, iPad processors

Gerard Williams III, who led the design of every Apple chip core from the A7 to the A12X, departed the company last month, CNET has learned.

BY SHARA TIBKEN

MARCH 29, 2019 2:05 PM PDT

One of Apple's key semiconductor engineers has left the company, even as the iPhone giant tries to take more control over what goes inside its devices.

Gerard Williams III, senior director in platform architecture, departed Apple last month after nine years, according to a person familiar with the matter.

While not well known outside of Apple, Williams led development of every Apple processor core from the A7 -- the first 64-bit processor for mobile devices -- to the A12X, the chip powering Apple's latest iPad Pro devices. Apple says its newest chip makes its iPads faster than 92 percent of the world's computers.

In recent years, Williams' responsibilities had grown beyond leading the design of the custom CPU cores for Apple's chips to overseeing the layout of the various parts of the system-on-a-chip, or SoC, inside the company's mobile devices. It's standard for chip designers to pack more and more features -- like the CPU brains of the device, GPU graphics and memory -- onto the same physical package to improve battery life and reduce the size of the chips. In the case of Qualcomm, its Snapdragon processors also integrate its wireless modem onto the SoC.

Williams' departure comes as Apple ramps up its efforts to create more of its components and as it hires more engineers around the globe. Apple has been designing its own chips since the early days of the iPhone. In 2010, it introduced its first Apple-branded chip, the A4, for the iPad it sold that year. Every year since then, it has released new A-series processors that power its mobile devices, and Apple's even expected to design its own chips for Mac computers as early as next year. The strategy stands in contrast to many Android phone makers, who rely on processors made by Qualcomm.

Williams' departure is a loss for Apple. His work likely will show up in future Apple processors, and he's listed as an inventor on more than 60 Apple patents. Some relate to power management, memory compression and multicore processor technology.

Apple declined to comment.

Apple's chip push

Apple's decision to design its own chips has given it more control over its devices, as well as differentiated itself from rivals. While it has created the brains for its iPhones and iPads for years, it lately has made moves to design even more of its components on its own. That has included the Bluetooth chip that pairs its AirPods to an iPhone, as well as the security chips that save your fingerprint and other key data. Apple is reportedly working on its own graphics processors, modems and power management chips.

Some features of Apple's A-series chips, spearheaded by Williams, have led the industry and have caused rivals to respond.

After Apple introduced the A7 64-bit processor for its mobile devices in late 2013, Qualcomm's customers put pressure on the company to do the same, as Qualcomm testified during January's antitrust trial against the US Federal Trade Commission. Qualcomm wasn't prepared for 64 bit and scrambled to tweak its processor. The resulting chip didn't perform well and didn't take off with customers, which hurt Qualcomm's position in the market.

Williams isn't the first notable Apple engineer to leave its chip business, which is led by Johny Srouji. Two years ago, Apple SoC architect Manu Gulati left for a similar role at Google. After Gulati left Apple, Williams took over his role overseeing SoC architecture.

Before joining Apple in 2010, Williams for 12 years worked at Arm, the company whose designs are used in virtually all mobile processors. He hasn't yet joined another company.

https://www.cnet.com/news/apple-loses-engineer-overseeing-the-processors-powering-iphones-ipads/
 
Huawei said to join Auto Shanghai 2019 as tier 1 auto supplier for the first time

Monika From Gasgoo| March 29 , 2019

Shanghai (Gasgoo)- Huawei, a Chinese multinational leading provider of ICT infrastructures and smart devices, has reportedly bought a 500-square-meter booth at the upcoming Auto Shanghai 2019 to showcase its tech fruits as a tier 1 automotive supplier for the first time, according to a person with direct knowledge.

“Huawei is dedicated to bringing digital world to every person, every family and every organization, and building a fully interconnected intelligent world. With the development of automotive intelligence, connectivity, electrification and sharing, automobile industry is being deeply integrated with ICT industry. Now, Huawei is ambitious to bring the digital world to every vehicle,” an invitation letter offered by Huawei to media said.

Besides, the invitation letter also revealed that Huawei will hold a global media conference about automotive business at the auto show. Xu Zhijun, rotating CEO of Huawei, will share Huawei's insight and attitude about automotive industry, and elucidate its business contents and business edge in this domain.

6368940354258644612590874.jpg


Huawei's automotive business contents and edge can be summarized as five terms, namely, Internet of Vehicles (IoV) platform, data center, C-V2X vehicle-infrastructure synergy solution, automobile communications and EV-related battery storage, an industry source said.

The tech giant is getting an increasingly stronger presence in automotive industry by forming partnerships with a number of automakers. Gasgoo reported a few days ago that BYD signed a strategic cooperation agreement with Huawei on March 25 to co-boost the innovation of automobile and rail transit, and digital transformation of automotive industry.

Under the agreement, both parties are ready to carry out in-depth exchange and cooperation in such areas as automobile intelligent connectivity, autonomous driving, smart monorail and smart industrial park. Huawei will exercise its technology advantages in AI, 5G, Internet of Things (IoT), cloud computing and big data to intelligentize and upgrade the mobility service industry and promote companies’ digital transformation by teaming up with BYD, who boasts rich technical resources of NEV and rail transit.

On January 28, BAIC BJEV, a new energy vehicle business arm of BAIC Group, inked an agreement with the ICT tech provider to conduct a well-rounded business cooperation focusing on intelligent-connected vehicle (ICV) based on the intention to improve the ecosystem of automotive industry and eventually realize “smart traffic and smart mobility”.

Meanwhile, both companies jointly announced the establishment of the “1873 Davidson Innovation Laboratory” to implement cooperation over technology R&D and product innovation, covering such fields as cloud computing, Internet of Vehicles (IoV) and energy networks. Besides, they would use the newly-built laboratory to study on the in-depth integration of ICT technologies and ICVs, which involves cloud computing, big data, industrial Internet of Things (IoT) as well as cybersecurity, and explore the collaboration over users, ecosystem and supply chain fusion.

In the same January, Huawei agreed an agreement with Chongqing Sokon Industry Group Stock Co.,Ltd (Sokon) to extend cooperation in new energy vehicle (NEV) area. This collaboration, aiming to power the development of intelligent-connected vehicles (ICV) for Sokon, embraces such fields as industrial Internet, ICT infrastructure as well as intelligentization and connectivity of NEVs.

Beside, Changan Automobile and Huawei held an unveiling ceremony for their joint innovation center on January 15. In the meantime, the ceremony was also held to celebrate the implementation of the all-around step-up strategic cooperation between two parties, who were ready to deepen the collaboration in vehicle intelligentization, IoV (Internet of Vehicles) and new energy from 2019. Actually, they had already inked a strategic cooperation agreement on July 4, 2018 to set up the joint innovation center focusing on an IoV platform.

On October 11 at HUAWEI CONNECT 2018, Huawei and the global premium car maker Audi announced their future cooperative plan to conduct joint innovation in L4 autonomous driving area and showcased the all-new Audi Q7 as the embodiment of both parties’ state-of-the-art technologies.

On July 10 last year, Huawei and Audi signed a strategic memorandum of understanding in Berlin to jointly develop ICVs. This newly-formed cooperation will further promote the comprehensive strategy between two parties. Huawei's Mobile Data Center (MDC) has been integrated into the Audi Q7 for autonomous cars’ driving in urban environments. The prototype was exhibited to the public at the HUAWEI CONNECT 2018.

Dongfeng Motor Corporation (Dongfeng) signed in last August a strategic agreement with Huawei to cement their partnership which has been formed in 2014. Under the agreement, both parties would deepen their collaboration in such areas as vehicle intelligentization, connectivity, electrification, sharing as well as informatization and jointly promote the innovation of cutting-edge technologies.

Two companies would join forces to develop next-generation electric-powered ICVs (Intelligent-connected vehicle) by making full use of Dongfeng's profound resources in automobile industry and Huawei's advantages in ICT, with the ultimate goal of providing users with superior ICV products and services.

http://autonews.gasgoo.com/china_news/70015799.html

***

Huawei chaebol. :enjoy:

Huawei recently made amendments to the business scope of one of its subsidiaries and added the sales of medical devices:

https://www.cn-healthcare.com/articlewm/20190326/content-1048354.html
 
Huawei stays private to invest in the future: executive

Source:Global Times Published: 2019/3/31

ac7bc158-42be-4742-b185-af461a5077a6.jpeg

Richard Yu Chengdong, CEO of Huawei's Consumer Business Group, unveils the new Huawei P30 and P30 Pro smartphones during a launch event in Paris on Tuesday. Photo: VCG


Huawei won't be publicly listed because it wants to "invest in the future" instead of presenting nice-looking financial reports, Huawei's consumer business CEO Richard Yu Chengdong said on Sunday at an IT summit in Shenzhen, South China's Guangdong Province.

"Many people have asked why Huawei is not a publicly traded company. One important reason for that is our core philosophy is to invest in the future. Many listed companies make very high short-term profits in order to present attractive financial statements. But we invest a lot of our profits [into scientific research for the future]," said Yu, according to a report of 163.com.

"A company or a country won't have core competence in the future if it does not have early-stage input in fundamental scientific research...we have always attached great importance to this," Yu said.

Yu cited the example of Huawei's research into 5G technologies.

"Why is Huawei able to leave other companies in the industry far behind? We started 12 years ago to research 5G technologies when we made radio products," Yu said, adding that for many new chips, materials and algorithms, Huawei started research many years in advance.

Xiang Ligang, director-general of the Information Consumption Alliance, told the Global Times on Sunday that Huawei made the right decision to remain a private company because it can independently pursue strategies that match the company's long-term targets instead of being tied down by shareholders who only care about short-term profits.

One example is that around 2000, which was the transition point between 2G and 3G, Huawei - which barely made a profit at that time - invested heavily in research and market exploration of 3G, even at the cost of high debt. This subsequently proved to be the correct decision.

"If Huawei had been a listed company at the time, its decision would definitely have been opposed by shareholders, who attach more importance to maintaining profit growth," Xiang said.

He also cited the negative example of Apple, which has become afraid of making major changes in recent years for fear of hurting its profits. "This is surely going to hurt the company's long-term prospects," Xiang said.

***


Huawei recently made amendments to the business scope of one of its subsidiaries and added the sales of medical devices:

https://www.cn-healthcare.com/articlewm/20190326/content-1048354.html

:enjoy:

China's first chaebol. Samsung has now an upcoming peer. :lol:
 

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