BUSINESS Huawei sets out ambitions for a better world

BUSINESS

Huawei sets out ambitions for a better world

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07:42, April 27, 2022

Chinese tech giant Huawei expects global artificial intelligence capacity to jump 500 times by 2030 while network connection bandwidth will see a tenfold improvement by 2025.

The company aims to tackle 10 major challenges worldwide, from human-machine interface to using artificial intelligence to discover new pharmaceuticals, to biopharmaceuticals and vaccines as well as safe and efficient energy conversion and storage, Huawei said during its two-day Global Analyst Summit 2022.

Low carbon and intelligent development and digitalization, covering various industries, are top industry opportunities in future, Ken Hu, Huawei's rotating chairman, told the conference, which opened in Shenzhen, southern Guangdong Province, on Tuesday.

By 2025, global demand for general-purpose computing power will increase tenfold, and the demand for AI computing will increase by a factor of 500 by 2030, Huawei predicted.

This will redefine computing architecture to break through existing bottlenecks in computing performance and efficiency.

In this regard, Huawei is already working on 5.5G, covering both mobile and fixed-line networks, an upgrade on the fifth-generation network.

Huawei sets out ambitions for a better world

(Photo: Agencies)

Zhou Hong, head of Huawei's strategy research institute, has listed 10 major challenges worldwide which can be solved by tech development.

The company's goal is to bring a speed of 10 gigabytes per second to both mobile and broadband networks – 10 times that of the current fastest broadband networks.

The network improvement in speed, reduced latency and better reliability will meet industrial and home requirements, covering ultra-high definition, virtual reality and industrial applications.

In the first quarter, China's industrial Internet output surpassed a record 1 trillion yuan (US$153.8 billion) for the first time, thanks to digitalization in manufacturing and various other industries, according to the Ministry of Industry and Information Technology.

In March, Huawei reported a revenue decrease of 28.6 percent in 2021 as it went through "the darkest zone" because of challenges such as the COVID-19 pandemic and the United States tech sanctions, after former US President Donald Trump put the firm on an export blacklist in 2019 and barred it from accessing critical technology of US origin.

The company said it will increase research and development investment significantly, including recruiting 10,000 new employees this year as the US sanctions have challenged Huawei's supply chain for smartphones and forced it to seek new business opportunities in other sectors like the cloud and AI.

Meanwhile, Huawei revealed 10 major challenges worldwide which maybe solved by tech.

According to Zhou Hong, head of Huawei's strategy research institute, these challenges include ways to teach machines how to understand the world; how to better understand the human body; build on human-machine interfaces and develop new sensing and control capabilities, such as brain-computer interfaces; discover new chemical pharmaceuticals, biopharmaceuticals and vaccines; and develop safe, efficient energy conversion and storage.

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