SHANGHAI, June 28, 2023 /PRNewswire/ -- Huawei has performed in full force at MWC Shanghai 2023, with all its activities under the banner of "LEADING to the Intelligent World". This year, the company's activities include an experiential tour that takes the public to multiple cities to learn about its technology and business, as well as the launch of its latest innovative products and solutions for 5GigaGreen, 5G Smart Core Grids, OptiX Smart Grids , X private line products and other smart digital transformation solutions.
At these activities, Huawei will also host numerous round tables and dialogues with global operators, industry partners, and thought leaders to explore a variety of topics including accelerating 5G prosperity, advancing intelligent digital transformation, and advancing towards the 5.5G era to realize business, industrial and social value. The company says its goal is to create new value for customers and revitalize the digital economy through sustained innovation.
Sabrina Meng, Rotating President and CFO of Huawei, delivered a keynote address titled "Embracing 5G transformation." He commented "The digital infrastructure of the future intelligent world will be deeply integrated into all aspects of our lives, industry and society. It will not be based on advances in individual technologies, but on incredibly massive and complex systems, on the convergence of multiple elements. It is going to require systems-level thinking and design. When you watch a game of chess, you can see the big picture. But when you're playing chess, you focus on the details. Similarly, systematic capabilities to integrate technology and transform management are critical to the future success of 5G. First, let's talk about integrating different technologies. We can achieve greater synergy between cloud, network, edge, and device through systematic design and innovation across all domains Along with optimizing software, hardware, chips and algorithms, we can address the challenges associated with developing complex solutions for vastly different industry scenarios. Next, the management transformation. Digital and intelligent transformation is not limited to technology itself. It is rather a matter of transforming the management approach. Going digital requires redefining the relationships between people, events, things and theory, and adopting a more open and forward-thinking management approach to address the challenges of the future."
Today there are more than 1.2 billion 5G users around the world, and operators who rushed to develop 5G are already enjoying the first wave of benefits. This is due to the increasing network requirements imposed by new applications in various markets. In the consumer market, new services like New Calling, cloud phones, and glasses-free 3D require faster data speeds and lower latency, while in the industrial market, the RedCap ecosystem has matured, the passive IoT market is expanding and the Internet of Vehicles (IoV) requires higher uplink speeds. All these applications are expected to result in 100 billion connections. These new service models are also expected to spur an industry upgrade that will create a second wave of benefits.
Commercial 5G services hit the market four years ago, and have since been introduced in more than 17,000 private network projects around the world. Both revenue from private 5G networks and the number of industrial connections have tripled. In addition, many operators have leveraged CNY 10 billion in revenue from private 5GtoB networks to fuel a CNY 100 billion increase in DICT revenue from cloud services, data storage, and platforms. Although many 5GtoB services were piloted in China, they have since spread to other parts of the world and have been replicated commercially in Asia-Pacific, Europe, the Middle East, and Africa. These services enable industrial customers to reduce costs and improve efficiencies, while enabling intelligent digital transformation in industries such as manufacturing, ports, mining, oilfields, and healthcare.
5.5G is also fast approaching in the communications industry. 5.5G technologies are expected to multiply network capacities 10 times and create 100 times more business opportunities for operators. At this year's MWC Shanghai, Huawei will introduce four major features of 5.5G: 10 Gbit/s downlink, 1 Gbit/s uplink, 100 billion connections, and native AI. It also explores the five areas of connectivity that are expected to go mainstream with 5.5G: connectivity for people, for things, for vehicles, for industries, and for homes. Huawei has already started helping various operators around the world to start commercial verification of 5.5G. The 5.5G industry will continue to grow rapidly as the first version of 5.5G standards is expected to be frozen in the first half of 2024 and related technologies have already been extensively verified.
MWC Shanghai 2023 takes place from June 28 to 30 in Shanghai (China). Huawei will exhibit its products and solutions at booths E10 and E50 in Hall N1 of the Shanghai New International Expo Center (SNIEC). Together with global operators, industry professionals, and thought leaders, we dive into topics like accelerating 5G prosperity, moving into the 5.5G era, and intelligent digital transformation. 5.5G creates new business value in areas such as connecting people, the Internet of Things (IoT) and the Internet of Vehicles (IoV), supporting countless industries in their drive towards a smart world. For more information, please visit: https://carrier.huawei.com/en/events/mwc....
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