Huawei Cloud is also seeing strong growth in its home turf. About 30 of China's top 50 internet companies including Sina and Net-Ease, as well as top 10 domestic carmakers have all adopted its cloud services, Huawei said.
Huang said that China's outbound investment, not just in technology but in property-related investments, is also declining, because Chinese firms and households are being discouraged from investing in property overseas.
Huawei establishes the Institute of Strategic Research to focus on research into cutting-edge technology, and the company will invest 0 million each year to fund academic research in basic science and technology, said William Xu, director of the Huawei board, at the annual global analyst summit at its headquarters in Shenzhen in southern China.
Huang Shaomei shapes New World's unique approach to property development
I happened to be at an event yesterday that was full of a number of female executives and I cannot tell you the number of people that came up to me and said, “we can’t wait until your season starts.” When you tune in to Amazon, because we are an option that you have to pick, in this country people will go to us specifically because it’s our voices. They want to hear a different perspective and that’s fine. It’s great being an option. And if we’re not somebody’s cup of tea, that’s O.K., too. But we just feel that we bring 30 years of reporting and journalism experience to this broadcast and it definitely has a unique voice.
Huawei has overtaken Apple again to remain the world's second largest smartphone vendor for two consecutive quarters, according to the leading analyst firms - IDC, IHS Markit and Counterpoint.
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Huang said: "Fujian will strive to attract a large number of high-level managerial and legal talents who understand international rules for FTZ construction.
Huang Zheng, founder and CEO of online discounter Pinduoduo, speaks at the firm's listing celebration in Shanghai on July 26, 2018. [Photo/VCG]
Huang said the innovation will be subsidized by the central government, and residents and companies involved will also contribute their share.
Hundreds of writers in Germany, Austria and Switzerland are protesting Amazon’s e-book pricing tactics in a fight that’s becoming reminiscent of the one Amazon is having?with?Hachette in the U.S.