New challenges for Huawei: This is how they plan to cope with 2022

Huawei faces greater challenges in 2022 than it did in 2021. This was stated by Huawei’s chairman Ken Hu at the Huawei Global Analyst Summit 2022 in Shenzhen, China. According to Hu, the challenges will force the company to expand its product range, invest more in research and development, and ensure that the company works more efficiently. In addition, care must be taken to keep the company away from things that are considered financially risky and to concentrate on safer but not as innovative products and services. However, Hu claims that investments in research and development are what will lead the company into the future. For example, the goal is to be able to deliver mobile data at speeds of up to 10Gb / sec using what is called 5.5G equipment.

Another streamlining project is Huawei’s recently launched MetaStudio where it will move the entire production process out into the cloud.

Among the challenges Hu addresses include trade restrictions, geopolitical conflicts, China’s continued problems with Covid-19, inflation and currency fluctuations.

Source: Mobil by

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