Latest news with #EricXu
South China Morning Post
2 days ago
- Business
- South China Morning Post
Huawei defends role as AI, 5G infrastructure supplier at Shanghai MWC trade show
Huawei Technologies is seeking to deepen its role as a global supplier of artificial intelligence (AI) and 5G infrastructure for network operators, as the telecoms industry faces market saturation. Speaking at the Mobile World Congress (MWC) in Shanghai on Wednesday, Huawei deputy chairman Eric Xu Zhijun said that 40 years of rapid development in the telecoms industry had led to a period in which 'basic consumer needs are met and growth is stagnant'. Xu identified four key paths to industry growth in his keynote speech: tapping new user groups such as live-streamers and delivery workers, increasing the supply of high-definition video, enabling intelligent connected vehicles via 5G and expanding fibre-to-the-room to support the digitalisation of small businesses. 'We must be clear that the business environment and competitive landscape of the carriers are different,' Xu said. 'We're willing to work with global carriers and help them achieve sustainable growth.' Huawei deputy chairman Eric Xu Zhijun speaks at the Huawei Connect event on September 19, 2024. Photo: Handout Xu did not mention the geopolitical risks that Huawei has faced since coming under US sanctions in 2019, casting a shadow over the company's overseas expansion efforts. In the latest setback, the US announced a project in Panama to replace Huawei communications towers. Beijing on Wednesday condemned what it called Washington's 'malign influence' in Latin America
Nikkei Asia
2 days ago
- Business
- Nikkei Asia
Huawei and ZTE take AI to Belt and Road, shrugging off US sanctions
SHANGHAI -- Top Chinese telecom equipment suppliers Huawei Technologies and ZTE are stepping up marketing of their AI services in Belt and Road countries as the U.S. tightens sanctions targeting Chinese technology companies. Huawei Deputy Chairman Eric Xu, now serving as rotating chairman, delivered a pitch Wednesday in a keynote address at the MWC Shanghai industry exposition.
