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Speaking when he addressed the Huawei 18th Global Analyst Summit following the recent release of the firm’s 2020 Annual report, Huawei Rotating Chairman Mr Eric Xu said the firm’s 2021 growth strategy is anchored on five strategic initiatives. The initiatives are geared at optimising the firm’s existing products and services portfolio to boost business resilience. As part of the efforts, Huawei will strengthen its software capabilities and invest more in businesses that are less reliant on advanced process techniques and components for intelligent vehicles. Advertisement The firm, Mr Xu, said will maximise the value of 5G technologies while moving to define 5.5G tech with industry peers to drive the evolution of mobile communications. The five-point strategy will also focus on providing a seamless, user-centric, and intelligent experience across all user scenarios, Innovating to reduce energy consumption for a low-carbon world and addressing supply continuity challenges.

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