Huawei calculated move to boost its global business prospects
Global technology firm Huawei has embarked on a bold product and services review and enhancement program. This was as part of its business growth strategy to facilitate a fully connected, intelligent world.
The finetuning program is geared at enhancing the firm’s digital technologies delivery capacity in the face of the global business challenges arising from the Covid-19 pandemic, among other geopolitical and economic challenges.
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 optimizing the
Chinese telecommunications giant Huawei may have been all-but-barred from doing business in the U.S. over allegations that it's basically an intelligence agency masquerading as a tech business. In Africa, however, Huawei is thriving.
From Cairo to Johannesburg, the Chinese telecom has offices in 18 countries and has invested billions of dollars in building African communications networks since the late 1990s. The company's cheap cellular phones today dominate many of Africa's most important markets - and that was before Huawei teamed up with Microsoft earlier this year to launch a low-cost smartphone on the continent. Just in the past few months, the firm closed a pair of telecommunications deals in Africa each worth more than $700 million, part of an African business that brings in more ...
BERLIN — Microsoft, taking aim at the world’s fastest-growing smartphone market, said on Monday that it would team up with Huawei of China to sell a low-cost Windows smartphone in Africa. The phone, called the Huawei 4Afrika Windows Phone, will cost $150 and initially be sold in seven countries. Microsoft’s Windows Phone software is fourth among smartphone operating systems, with just 2 percent of the worldwide market in September, according to Canalys, a research firm in Reading, England. source
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