Huawei is concerned about “serious challenges” in 2022, amid an uncertain business environment, the “politicization of technology” and more “deglobalization”.
The Chinese technology provider expects to close the year with revenues of $99.45 billion, which represents a drop of 28.88% compared to 2020.
Its carrier business has been “stable” and its enterprise business unit has grown, said Huawei rotating president Guo Ping in his New Year message to employees on Friday.
Digital transformation in global economies has become a major engine of growth and there are new opportunities in green and low carbon technologies for Huawei.
The Chinese tech giant is trying fill the hole in your smartphone business with your other connected devices, including laptops and smart TVs.
“An unpredictable business environment, the politicization of technology and a growing deglobalization movement pose serious challenges”said the rotating president.
“Against this background, we have to follow our strategy and respond rationally to external forces beyond our control.”
Huawei would continue to focus on smart devices and infrastructure, seeking to respond more quickly to customer needs with shorter ‘chains of command’.
Specifically, in 2022 Huawei will try to streamline its business decision-making processes, giving local offices more autonomy. In this way, these offices will assume the authority to make certain decisions that were previously in the hands of the Shenzhen headquarters.
Huawei will increase its investment in HarmonyOS and EulerOS, but Guo has not elaborated on what they imply.
EulerOS is touted as Huawei’s infrastructure platform that supports both cloud computing and on-premises services. It runs on Huawei’s version of the Linux operating system.
HarmonyOS supports over 220 million Huawei devices and there are over 100 million third-party devices that work with HarmonyOS, according to Huawei.