Rotating Chairman, Huawei
Search every verified Eric Xu interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Eric Xu, Rotating Chairman of Huawei, stated at the company’s 2022 Annual Report Press Conference in March 2023 that the year ahead would be “crucial to Huawei's sustainable survival and development,” citing a “challenging external environment” and “non-market factors” that continue to affect operations. He said Huawei would focus on unlocking new growth opportunities, enhancing business resilience, and ensuring product competitiveness. Xu also estimated that Huawei’s addressable markets would exceed one trillion US dollars by 2027. In earlier appearances, Xu commented on the impact of U.S. sanctions on the semiconductor industry, stating that China’s semiconductor industry would “take efforts to self-save” and that he believed it would “realize a very strong and self-reliant industry.” He also discussed Huawei’s investment in research and development, noting that the company invests more than 10% of revenue annually, and highlighted the role of ICT technology in reducing industrial emissions. At the 2021 Global Analyst Summit, Xu said that “unwarranted U.S. sanctions” could trigger a new global economic crisis<｜begin▁of▁file｜>.
“2023 will be crucial to Huawei's sustainable survival and development. A challenging external environment and the non-market factors continue to take a toll on our operations.”
“We estimate that by 2027 our addressable markets will exceed 1 trillion US dollars.”
“The EU has announced its plan to achieve carbon neutrality by 2050 and China has pledged to peak emissions by 2030 and become carbon neutral by 2060.”
“According to the World Economic Forum, by 2030 ICT technology will help reduce industrial emissions by 12.1 billion tons, roughly 10 times the amount emitted by the ICT industry itself.”
“According to the SIA report, strengthening the global semiconductor supply chain in an uncertain era would have required at least one trillion US dollars in incremental upfront investment, resulting in a 35–65% overall increase in semiconductor prices and ultimately higher costs of electronic devices for end users.”
“Clearly the unwarranted U.S. sanctions against Huawei and other companies are turning into a global and industry-wide supply shortage, and this could even trigger a new global economic crisis in the future.”
“Unilateralism and economic confrontation are growing; such actions based on anxiety and panic are not helping because they are hindering the fixes. Politicizing almost everything is an emerging dangerous trend which only adds to the turmoil.”
“Every year we invest more than 10% of revenue in research and development; in 2019 R&D spend was RMB 131.7 billion (about $18.9 billion), approximately 15.3% of annual revenue.”
“In 2019 Huawei focused on ICT infrastructure and smart devices and achieved sales revenue of RMB 850.2 billion, a year‑on‑year increase of 19.1%, and profits of RMB 62.7 billion, a year‑on‑year increase of 5.6%.”
“Politicizing almost everything is an emerging dangerous trend which we only add to the turmoil.”
“We committed to invest $1.5 billion to expand the developer community; we hope that in the future the developer community will increase from 1.3 million to many more.”
“We estimate that five years from now statistical computing will consume as much as 80% of the total computing power that we use around us.”
“It could happen that the business could be more than 10 billion US dollars less than expected, and that's only for smart devices.”
“MindSpore will go open-source in the first quarter of next year.”
“AI will change jobs and skills in a way that is quite different from previous revolutions; there will be much less demand for jobs that handle repetitive and routine tasks and demand for data science jobs will keep rising.”
#Huawei 2022 Annual Report Press Conference is live. Join the livestream now and get filled in on all our latest business results and figures!
Watch the #HuaweiConnect Day 1 livestream session to hear #Huawei Rotating Chairman Eric Xu on digital transformation, and the “#HUAWEICLOUD: Everything as a Service” keynote speech from #Huawei Executive Vice President, CEO of Cloud BU, President of Consumer Cloud Service Zhang Ping’an. #DiveIntoDigital.
Huawei Global Analyst Summit 2021 Day 1 will be livestreamed on April 12 at 16:00-18:00 (GMT+8). Join us and learn more here: https://tinyurl.com/3rcnyjd8 #HAS2021
Stay tuned for all the key financial facts and figures from the #Huawei 2019 Annual Report with our livestream from the Shenzhen HQ on March 31 @ 16:00 - 18:00 (GMT+8).
China's tech giant Huawei releases its fully audited annual report for 2019 to media at a video conference led by Eric Xu, its rotating chairman. The world's second-largest smartphone maker has continued to develop ICT infrastructure, smart devices and its competitiveness in the 5G era.
We're streaming live from Shanghai Expo Center. Catch all the highlights of Day 1 at Huawei Connect 2019.
Huawei launches its Ascend 910 AI Processor & MindSpore Computing Framework in south China's Shenzhen. The company aims at boosting computing power for the development of artificial intelligence technology.
We have invited an impressive team of keynote speakers to kick off #HuaweiConnect. Join us LIVE now for Day 1 of Huawei Connect to uncover Huawei’s #AI strategy, and how industry experts will Activate Intelligence to the world. 09:00-09:30 (UTC+8) Huawei's AI Strategy and Full-Stack Portfolio Launch Eric Xu | Deputy Chairman of the Board, Rotating Chairman, Huawei 09:30-10:00 (UTC+8) Introduction to Huawei's Full-Stack AI Portfolio Dang Wenshuan | Chief Strategy Architect, Huawei 10:00-10:20 (UTC+8) AI Trends and Challenges Dr. Vishal Sikka | Founder and CEO, Hang Ten Systems 10:20-10:40…
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