Tech and Teen
  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog
  • Technology
  • Business
  • Sports
  • Entertainments

Tech and Teen

  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog

Huawei yearning to provide digital power solutions and advanced cloud services in Bangladesh

by Tech and Teen April 14, 2022April 5, 2022
written by Tech and Teen April 14, 2022April 5, 2022
Huawei yearning to provide digital power solutions and advanced cloud services in Bangladesh

Huawei released its 2021 Annual Report today, revealing that the company had maintained solid performance throughout the past year and how Huawei will move forward to leverage the ICT sector for the overall good.

An event has been organized in Dhaka today on the occasion of unveiling the annual report. The keynote address is delivered by Pan Junfeng, CEO of Huawei Technologies (Bangladesh) Ltd.; Jason Lizongsheng, Bangladesh Board of Directors; Kevin Xu, Chief Technical Officer; Yuying Karl, Director of Public Affairs and Communications and other Huawei officials.
As per the report, Huawei achieved BDT 8.65 trillion (USD 99.97 billion) in revenue in 2021, and BDT 1.54 trillion (USD 17.85 billion) in net profits, an increase of 75.9% year-on-year. The company’s R&D expenditure reached BDT 1.93 trillion (USD 22.40 billion) in 2021, representing 22.4% of its total revenue, and bringing its total R&D expenditure over the past 10 years to over BDT 11.48 trillion (USD 132.66 billion). Moving forward, the company also plans to continuously increase investment in R&D.
Huawei wants to work intensively on digital power and cloud. Therefore, in the coming days, the company has adopted a plan to continuously increase their investment in the research and development sector.
In this discussion with reporters, Pan Junfeng highlighted the various contribution of Huawei in the following the dream of Digital Bangladesh. He said, “Huawei has been working in Bangladesh for Bangladesh for the last 23 years. During these years, Bangladesh has come a long way in the field of information and communication technology and we are very happy to be an active member of this transition. We want to work through innovation, localization and collaboration in the immense potential of Bangladesh.”
Within this shot time, Huawei’s cloud service ranks fifth globally and third in China. Besides, Huawei is working in the digital power sector. Huawei’s Smart Photovoltaic Solution has been used at Mymensingh Solar Plant in Bangladesh. This year, Huawei wants to provide even better support for these sectors in Bangladesh.
On the other hand, Huawei has been working for many years to create ICT talent in Bangladesh. In 2021, Huawei Bangladesh jointly launched a new program called ‘Bangladesh ICT Skills Competition’ with Bangladesh ICT Division.
Jason Lizongsheng said, “The ICT-based future will create many needs for skilled youth in the world. One of the great strengths of Bangladesh is the youth of this country. We want the youth of this country to create their place in the world market and take Bangladesh forward with their skills and great ideas. So, we have been working for many years to make the youth of this country proficient in the ICT sector. By the year 2025, we have planned to make about one lakh young people in South Asia skilled in ICT where many youths from Bangladesh will be able to participate. This year more than six thousand young talents from Bangladesh will get this opportunity.”
Meng Wanzhou, Huawei’s CFO, also spoke at the event, “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are more capable of dealing with uncertainty.” Thanks to the enhanced profitability of its major businesses, the company’s cash flow from operating activities dramatically increased in 2021. Its liability ratio also dropped to 57.8%, and its overall financial structure has become more resilient and flexible.
In 2021, Huawei’s carrier business generated BDT 3.82 trillion (USD 44.19 billion) in revenue and helped carriers around the world deploy leading 5G networks. Third-party test results have found that 5G networks built by Huawei for customers in 13 countries, including Switzerland, Germany, Finland, the Netherlands, South Korea, and Saudi Arabia, provide the best user experience. By working with carriers and partners, Huawei has signed more than 3,000 commercial contracts for industrial 5G applications. These kinds of 5G applications are currently seeing large-scale commercial use in sectors like manufacturing, mines, iron & steel plants, ports, and hospitals.
Thanks to continuing digital transformation trends, Huawei’s enterprise business also grew rapidly. In the past year, Huawei launched 11 scenario-based solutions for key sectors such as government, transportation, finance, energy, and manufacturing. The company also established multiple dedicated teams, including a Coal Mine Team, a Smart Road Team, and a Customs & Port Team, to combine resources in a way that more efficiently serves the needs of its customers. Over 700 cities and 267 Fortune Global 500 companies have chosen Huawei as their digital transformation partner and Huawei now works with more than 6,000 service and operation partners around the world.
Huawei’s consumer business zeroed in on consumer wants and needs, further building out the global ecosystem for a smart, all-connected era, as part of the company’s Seamless AI Life strategy for consumers around the world. This business generated BDT 3.30 trillion (USD 38.21 billion) in revenue in 2021 and continued to see steady sales growth in smart wearables, smart screens, true wireless stereo (TWS) earbuds, and Huawei Mobile Services (HMS). In particular, the smart wearable and smart screen segments both saw 30%+ year-on-year growth. In total, HarmonyOS was used in over 220 million Huawei devices as of 2021, becoming the world’s fastest growing mobile device operating system.
During the past year, Huawei also focused on building out its openEuler, MindSpore, and HarmonyOS ecosystems based on the principles of open collaboration and shared growth. Over X million developers are currently using Huawei’s open platforms, open-source software, and development tools to explore new business scenarios and business models.
Guo stressed, “Moving forward, Huawei will advance its journey of digitalization, intelligent transformation, and low carbon. Relying on talent, scientific research, and an innovative spirit, we will continuously increase investment to reshape our paradigms for fundamental theories, architecture, and software, and build our long-term competitiveness.”
All financial statements in the 2021 Annual Report were independently audited by KPMG, an international Big Four accounting firm. To download the 2021 Annual Report, please visit https://www.huawei.com/en/annual-report/2021.

About Huawei
Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 195,000 employees and we operate in more than 170 countries and regions, serving more than three billion people around the world.
Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will work towards ubiquitous connectivity and inclusive network access, laying the foundation for an intelligent world; provide diversified computing power where you need it, when you need it, to bring cloud and intelligence to all four corners of the earth; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; and redefine user experience with AI, making it smarter and more personalized for people in all aspects of their life, whether they’re at home, on the go, in the office, having fun, or working out. For more information, please visit Huawei online at www.huawei.com or follow us on:
http://www.linkedin.com/company/Huawei
Tweets by Huawei
http://www.facebook.com/Huawei
http://www.youtube.com/Huawei

Huawei
0 comment
0
FacebookTwitterGoogle +PinterestLinkedinWhatsapp
previous post
Xiaomi kicks off amazing Eid offers, announces everyday laptop giveaway
next post
Gentle Park with new clothing for Eid

related posts

Nagad to disburse 75 percent of social safety...

March 27, 2022

Banglalink signs agreement with Best Western Alliance Hotel

June 15, 2022

3 New headphone of Microlab in the market

August 1, 2018

Walton’s new model AC consumes Tk 2.88  per...

March 1, 2021

EATL Bootcamp on 20th December

August 1, 2018

Bikroy Brings Exciting Valentine Deals on this Valentine’s...

February 5, 2019

Rakuten Viber doubles the maximum number of group...

March 17, 2020

Grameenphone launches a co-branded smartphone with Maximus

May 6, 2019

Huawei Unveils Highest-Performance CPU

January 9, 2019

Amazfit’s GTR-4 and GTS-4 smartwatches now on market

October 1, 2022

Galaxy S6 edge new price in Bangladesh

July 30, 2018

Twitter suspends 15 Bangladeshi accounts

December 21, 2018

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • Grameenphone, Symphony partners to launch affordable 4G smartphone

    August 28, 2023
  • Xiaomi’s crystal glass-designed Redmi 12 in Bangladesh

    August 25, 2023
  • Re-commerce startup ExchangeKori launched

    August 25, 2023
  • realme’s Founder and CEOSky Li shares open letter for all its admirers and users

    August 13, 2023

Popular Posts

  • 1

    Grameenphone secures maximum allowable 60 MHz additional spectrum

  • 2

    Information Session on Traceability Innovation Challenge 2022 held at BASIS

  • 3

    Bangladesh Freelancer Development Society-BFDS has officially launched across the country

  • 4

    Turing revolutionizes career prospects for Bangladeshi developers with world-class remote jobs

  • 5

    Travel app commences its journey

Archives

  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018

Mobiles

  • Grameenphone, Symphony partners to launch affordable 4G smartphone

  • Xiaomi’s crystal glass-designed Redmi 12 in Bangladesh

  • vivo Y27: An affordable elite look

  • realme brings in C53 from its Champion series 

  • TECNO CAMON FASHION FESTIVAL: BRINGING FASHION AND TECHNOLOGY TOGETHER IN STYLE

Popular Posts

  • 1

    Transcom Digital launches Stanley Black & Decker products in Bangladesh

  • 2

    Nagad serving nationwide through over 100,000 Uddokta

  • 3

    Rangs launched their virtual showroom through Carmudi

  • 4

    Walton delivering freeservicing to AC users

  • 5

    EPB delegation visit Walton headquarter, assure to provide support for export increase

About Us

Techandteen is the vibrant tech news site in Bangladesh. It provides new tech news and latest tech news and reviews for teenagers. As a tech blog techandteen is also popular tech site and best tech site in Dhaka. We accept Guest Posts and paid Promotions.

Email : shiningbd2014@gmail.com

Dhaka, Bangladesh

Phone :  +88 00 5555

Popular Posts

  • 1

    Travel app commences its journey

  • 2

    Grameenphone, Symphony partners to launch affordable 4G smartphone

Follow us on Facebook

  • Facebook
  • Twitter
  • Google +
  • Instagram
  • Linkedin
  • Youtube
  • Technology
  • Teen
  • Business
  • Privacy Policy
  • Multimedia
  • Sports
  • Entertainments

@ 2018-2022 - Tech and Teen. All Right Reserved.
Developed By: Deshi Hosting, Amjhupi, Meherpur.