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Huawei kicks off 19th annual Global Analyst Summit

Huawei kicks off 19th annual Global Analyst Summit

ArabFinance: Huawei has launched its 19th annual Global Analyst Summit on Tuesday, April 26th, in Shenzen, China, according to an emailed press release.

The event is taking place for two days from April 26th until 27th, featuring a wide range of sessions on different aspects of Huawei’s business.

The summit is being attended by both industry and financial analysts, along with key opinion leaders and media representatives from around the world, to gain knowledge about future industry trends and the development strategy of Huawei.

During the summit, Rotating Chairman of Huawei Ken Hu spoke about three initiatives concerning non-stop innovation in the industry, support of digital transformation to create new value for customers, and power supply optimization and adoption of digital technology to enable low-carbon development.

 In 2021, Huawei posted a 75.9% year-on-year surge in 2021 net profit, recording CNY 113.7 billion, while revenues amounted to CNY 636.8 billion, according to the group’s 2021 annual report.

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices, with a presence in more than 170 countries and regions.

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