Eric Xu on emissions reduction
From Huawei Connect 2021: Diving into Digital · · Huawei
“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.”
On , Eric Xu, Rotating Chairman at Huawei, spoke about emissions reduction during Huawei Connect 2021: Diving into Digital on Huawei.
About Eric Xu
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｜>.