Huawei: Optimizing portfolio to boost business resilience and navigate a challenging environment SHENZHEN, China, and NEW DELHI, April 19, 2021 /PRNewswire/ -- Huawei held its 18th Global Analyst Summit in Shenzhen recently. More than 400 guests, including industry and financial analysts, key opinion leaders, and media representatives joined the event on-site, along with analysts and media representatives from around the world who attended online. Eric Xu, Huawei's Rotating Chairman, shared the company's business performance in 2020 as well as five strategic initiatives moving forward. According to Mr. Xu, Huawei will: Optimize its portfolio to boost business resilience. As part of these efforts, Huawei will strengthen its software capabilities and invest more in businesses that are less reliant on advanced process techniques, as well as in components for intelligent vehicles. Maximize 5G value and define 5.5G with industry peers to drive the evolution of mobile communications. Provide a seamless, user-centric, and intelligent experience across all user scenarios. Innovate to reduce energy consumption for a low-carbon world. Address supply continuity challenges.