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Huawei's vision for 2024 involves improving R&D and more

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Huawei lays out its vision for 2024 (in Chinese), reflecting on the challenges faced and outlining strategic priorities for the future. Despite returning to normal operations after years of hard work, Huawei acknowledges the challenges, including geopolitical uncertainties and the impact of technical sanctions. The company emphasizes its belief in digitalization, intelligence, and low-carbonization as certain development trends. Huawei aims to embrace opportunities and invest resources strategically to achieve significant milestones in various business units.

Huawei‘s 2023 achievements set the stage for its vision in 2024. The company anticipates achieving sales revenue exceeding 700 billion yuan, with notable stability in the ICT infrastructure business, better-than-expected performance in the terminal business, and significant growth in digital energy and cloud segments.

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Smart car solutions are also expected to witness enhanced competitiveness. The acknowledgment of the collective effort from customers, industry partners, hardworking employees, and silent contributions from family members underscores the collaborative spirit that propelled Huawei forward during challenging times.

The vision for 2024 revolves around hardware and cloud as the focus

The resolution sheds light on the efforts made by Huawei’s front-line marketing and service employees. It ensured the stability and security of customer networks. Examples include overcoming typhoon-induced damages in China, delivering communication network projects within tight deadlines in Indonesia and Burkina Faso, and addressing emergency network congestion in Latin America.

Moving forward, Huawei’s vision for 2024 revolves around value creation, with each business unit assigned specific responsibilities. The ICT infrastructure business aims to support digital transformation with its comprehensive capabilities, while operator services focus on network traffic, business innovation, and network evolution.

The terminal business remains committed to creating exceptional products and building the Hongmeng ecosystem, providing consumers with an ultimate experience. Rotating Chairman Hu Houkun not only expects Huawei Cloud to become a base for the firm’s digitalization but also a trustworthy digital foundation for various industries.

Quality management is portrayed as Huawei’s lifeline. It accompanies a commitment to ensuring the security and stability of networks and platforms through end-to-end quality management. Huawei concludes by emphasizing the need for Huawei’s cadres to keep pace with the times, stay strategic, and actively contribute to the company’s growth in key areas and critical periods. Overall, Huawei’s vision for 2024 reflects resilience, innovation, and a commitment to navigating challenges.