U.S. will increase pressure but we have strength to continue our growth: Huawei

Huawei recently conducted the Analyst Summit 2024 where it discussed strategies related to AI. During the event, Huawei talked about its challenges and said that the U.S. will increase its pressure on China yet, we will continue to enhance our growth.

The Rotating Chairman of Huawei – Xu Zhijun delivered a keynote at the conference based on “The Road to Comprehensive Intelligence”. While evaluating the company’s contribution to AI and network solutions, Xu pointed out some tough points.

Xu Zhijun says that the global economic and geopolitical scenarios are still against the company. These factors are not in favor as the U.S continues to put pressure on Huawei and other Chinese companies, restricting them from obtaining new growth.

Despite these challenges, Huawei won’t stop and continue to optimize its industry’s portfolio as well as focus on enhancing its strength for better development.

The speech further depicts that the Chinese tech maker has been working on its industrial portfolio for years and has developed a user-oriented surface that includes ICT, devices, Huawei Cloud, digital energy, smart car solutions, and technical support.

Huawei’s rotating chairman said these industries are constantly growing and integrated advanced facilities that can bring the latest, smartest, and most effective experience to consumers. The company has built a strong foundation that will help it to survive even in adverse scenarios.

U.S. Ban

U.S. authorities banned Huawei back in 2019, making the market trade scenarios extremely worse for the company. After a long struggle of 5 years, the tech giant bounced back in 2023 with the Mate 60 series and Kirin 9000s 5G chipset.

Huawei has now introduced the Pura 70 series in China with again a new chip – Kirin 9010 which seems to be more powerful than its predecessors. The lineup is said to give a tough spot to other rivals in the market. Read More.