Latest news with #EricLi


Mid East Info
3 days ago
- Business
- Mid East Info
Huawei Digital Innovation Summit Explores B2B Opportunities for Carriers in the AI Era at the Huawei Tech Carnival and Partner Summit 2025 in Tashkent
Summit leaders emphasized AI's role as a key enabler for strategic transformation, urging telcos to adopt a robust technological foundation to seize growth and innovation opportunities Allen Tang, President of ICT Marketing & Solution Sales Dept, Huawei ME&CA Omantel Package Release and Breakthrough Ceremony Tashkent, Uzbekistan, May 29, 2025 – Industry leaders converged in Tashkent, Uzbekistan, for the Carrier B2B Digital Innovation Summit, a key event within the recently concluded Huawei Tech Carnival and Partner Summit 2025. Under the theme 'Grow Together, Win AI Intelligent Era,' the summit provided insights into the B2B opportunities emerging for telcos in the rapidly evolving AI era. Allen Tang, President of ICT Marketing & Solution Sales Department at Huawei ME&CA, opened the summit with a keynote speech: 'The global carrier B2B market is growing rapidly, with a compound annual growth rate (CAGR) of over 10%. B2B services have become the main engine of carrier revenue growth. Furthermore, the explosive development of AI technologies will inject new momentum into operators' B2B services,' he observed. Eric Li, President of Huawei ICT Product Portfolio Marketing & Solution Sales Dept, delivered a keynote on 'AI Boosts Carrier B2B New Growth.' He emphasized that 'AI is now. Low-cost LLM is accelerating entry into more industries. Carriers need to reconstruct connectivity and digital services and build a cloud-based AI foundation to provide better AI services to enterprises.' Shi Lei, Vice President of Huawei NCE-Datacom Domain, discussed 'Embrace the AI Era, Building a Future-oriented Intelligent IP Network.' He noted, the 'one network, one map, one brain' three-layer intelligent architecture pushes networks into a new era of advanced self-driving and injects new vitality into carriers' B2B services in all scenarios. Wang Huaxin, Advanced Business Development Manager for Huawei ME&CA, shared insights on 'Cloud Foundation for Carrier Digital and Intelligent Evolution.' He stated, 'Cloud + AI will bring new connections and new growth in digital business. With Huawei Cloud Stack, MobileMoney, KooDrive and KooPhone, Huawei Cloud becomes the fastest-growing cloud among the top vendors.' Farid Ben Asker, Director of Carrier Partner Development, Huawei ME&CA, highlighted 'Industry Intelligence accelerated with AI.' He explained, 'To realize the targeted strategic archetype, telcos should strategically transform their infrastructure, capabilities, partnerships and solution integration models. Additionally, investments in automation and AI capabilities are key for telcos to stay relevant and to innovate rapidly. Huawei empowers carriers to offer AI-powered services to transform industries.' The summit featured a success case sharing from Nasser Al-Harthi, Head of Business Connectivity from Omantel, who introduced its Wi-Fi-as-a-Service (WaaS) solution, powered by Huawei's iMaster NCE platform. This marks the first managed Wi-Fi 7 deployment in Oman's market, demonstrating how intelligent network automation can deliver scalable, secure, and future-ready infrastructure for enterprises. Alex Xu, President of Carrier Business, Huawei ME&CA concluded, 'Global carriers are accelerating their transformation into TechCo, with B2B emerging as a core pillar of this evolution. Over the past year, we have witnessed rapid growth in carriers' B2B businesses, as industry leaders evolve into platform-based companies, mainly through the one-stop service platform and the AI-Ready cloud platform. Huawei is committed to carriers' success and reinforce investment to help them lead as digital and AI champions.' The Carrier B2B Digital Innovation Summit successfully united carriers, strategic partners, and influential decision-makers to explore new B2B opportunities in the AI era, creating a platform for win-win cooperation and accelerating digital journeys across Middle East & Central Asia and beyond. About Huawei: Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 208,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world. Our Vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they're at home, in the office, or on the go.


Zawya
4 days ago
- Business
- Zawya
Huawei Digital Innovation Summit explores B2B opportunities for carriers in the AI era
Summit leaders emphasized AI's role as a key enabler for strategic transformation, urging telcos to adopt a robust technological foundation to seize growth and innovation opportunities Tashkent, Uzbekistan - Industry leaders converged in Tashkent, Uzbekistan, for the Carrier B2B Digital Innovation Summit, a key event within the recently concluded Huawei Tech Carnival and Partner Summit 2025. Under the theme "Grow Together, Win AI Intelligent Era," the summit provided insights into the B2B opportunities emerging for telcos in the rapidly evolving AI era. Allen Tang, President of ICT Marketing & Solution Sales Department at Huawei ME&CA, opened the summit with a keynote speech: "The global carrier B2B market is growing rapidly, with a compound annual growth rate (CAGR) of over 10%. B2B services have become the main engine of carrier revenue growth. Furthermore, the explosive development of AI technologies will inject new momentum into operators' B2B services," he observed. Eric Li, President of Huawei ICT Product Portfolio Marketing & Solution Sales Dept, delivered a keynote on "AI Boosts Carrier B2B New Growth." He emphasized that "AI is now. Low-cost LLM is accelerating entry into more industries. Carriers need to reconstruct connectivity and digital services and build a cloud-based AI foundation to provide better AI services to enterprises." Shi Lei, Vice President of Huawei NCE-Datacom Domain, discussed "Embrace the AI Era, Building a Future-oriented Intelligent IP Network." He noted, the "one network, one map, one brain" three-layer intelligent architecture pushes networks into a new era of advanced self-driving and injects new vitality into carriers' B2B services in all scenarios. Wang Huaxin, Advanced Business Development Manager for Huawei ME&CA, shared insights on "Cloud Foundation for Carrier Digital and Intelligent Evolution." He stated, "Cloud + AI will bring new connections and new growth in digital business. With Huawei Cloud Stack, MobileMoney, KooDrive and KooPhone, Huawei Cloud becomes the fastest-growing cloud among the top vendors." Farid Ben Asker, Director of Carrier Partner Development, Huawei ME&CA, highlighted "Industry Intelligence accelerated with AI." He explained, "To realize the targeted strategic archetype, telcos should strategically transform their infrastructure, capabilities, partnerships and solution integration models. Additionally, investments in automation and AI capabilities are key for telcos to stay relevant and to innovate rapidly. Huawei empowers carriers to offer AI-powered services to transform industries." The summit featured a success case sharing from Nasser Al-Harthi, Head of Business Connectivity from Omantel, who introduced its Wi-Fi-as-a-Service (WaaS) solution, powered by Huawei's iMaster NCE platform. This marks the first managed Wi-Fi 7 deployment in Oman's market, demonstrating how intelligent network automation can deliver scalable, secure, and future-ready infrastructure for enterprises. Alex Xu, President of Carrier Business, Huawei ME&CA concluded, "Global carriers are accelerating their transformation into TechCo, with B2B emerging as a core pillar of this evolution. Over the past year, we have witnessed rapid growth in carriers' B2B businesses, as industry leaders evolve into platform-based companies, mainly through the one-stop service platform and the AI-Ready cloud platform. Huawei is committed to carriers' success and reinforce investment to help them lead as digital and AI champions." The Carrier B2B Digital Innovation Summit successfully united carriers, strategic partners, and influential decision-makers to explore new B2B opportunities in the AI era, creating a platform for win-win cooperation and accelerating digital journeys across Middle East & Central Asia and beyond. About Huawei Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 208,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world. Our Vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they're at home, in the office, or on the go. For more information, please visit Huawei online at or follow us on: Middle East:


Forbes
08-05-2025
- Automotive
- Forbes
Chinese Billionaire Eric Li To Delist Zeekr One Year After U.S. IPO
Potential customers look at Zeekr electric cars in Yantai, Shandong province, earlier this year. CFOTO/Future Publishing via Getty Images Chinese auto billionaire Eric Li's decision to privatize the New York-listed electric vehicle brand Zeekr was cheered by investors, with Hong Kong-listed shares of the parent company, Geely Automobile, rallying as much as 6.7% Thursday morning. Geely, whose shares have risen 25% so far this year, announced its proposal to take Zeekr private in a stock exchange filing late Wednesday. The company plans to offer $25.70 for each of the Zeekr American Depositary Share (ADS) it doesn't already own, according to the filing. Geely owns 65.7% of Zeekr's total shares, the filing shows. To acquire the rest, the parent company needs to pay about $2.2 billion, according to Forbes' calculation based on the filing. The move comes almost exactly a year after Zeekr completed its U.S. initial public offering last May. The EV brand, which now has a market capitalization of $6.4 billion, will be delisted and become a wholly owned Geely subsidiary if the deal is done, according to the stock exchange filing. Analysts see multiple benefits from privatization. It might be a strategy to preempt moves to delist Chinese companies from American bourses as tensions rise between the world's two largest economies, Ke Yan, Singapore-based head of research at DZT Research, says by WeChat. Zeekr was among dozens of Chinese companies—which also included e-commerce giants Alibaba, and PDD Holdings—that Republican lawmakers have proposed kicking off U.S. stock exchanges. Last week, they wrote a letter to the U.S. Securities and Exchange Commission arguing that the companies support China's military while attracting American capital. A Zeekr representative didn't respond to messages seeking comment. The privatization offer also brings plenty of commercial benefits, as it helps to reduce internal competition and consolidate resources, says Ke. Zeekr isn't the only EV brand Geely operates. Li, who has a net worth of $16.4 billion partly based on a Geely stake, has over the years directed the firm to acquire multiple auto companies including Lotus, Lynk & Co and Volvo Cars, as he tries to build a global empire. At a time of heightened competition at home, privatizing Zeekr can help the parent company focus on market opportunities, Yale Zhang, Shanghai-based managing director at consultancy Automotive Foresight, says by WeChat. It can improve efficiencies, adjust supply chain resources and better position the brand to compete with the likes of Xiaomi, he continues. Due to good product offerings and improved marketing campaigns, Zhang estimates that Zeekr can meet its target of delivering 320,000 vehicles this year, up 12% from 285,441 units in 2024.
Yahoo
14-04-2025
- Automotive
- Yahoo
ECARX Achieves Significant Milestone with Integration of Intelligent Cockpit, Driving, and Parking Capabilities into the Antora® 1000 SPB
SHANGHAI, April 09, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ('ECARX' or the 'Company'), a global mobility tech provider, today announced that it achieved a significant milestone with the integration of intelligent cockpit, driving, and parking capabilities into Antora® 1000 SPB central computing platform, the latest and most cutting-edge iteration of the Antora® series. This solution has already passed road test and represents a significant breakthrough in ECARX's R&D roadmap. Powered by the world-leading 7nm SE1000 SoC developed by SiEngine, which provides high-performance computing power of 100K DMIPS and 900G FLOPS of graphics rendering capability, the SoC also integrates a high-performance programmable NPU with 8 TOPS AI computing power to support the development of intelligent driving functions. the ECARX Antora® 1000 SPB pioneered cross-domain integration in the sector. This all-in-one solution integrates L2 ADAS capabilities alongside intelligent cockpit and parking functionalities, significantly enhancing driving safety with automatic emergency braking, highway assist, and automatic lane change assist features among many others. Designed to align seamlessly with evolving E/E architectures, the Antora® 1000 SPB offers global automakers a cost-effective, streamlined, and highly reliable solution to meet the demands of next-generation vehicles. Mr. Ziyu Shen, Chairman and CEO of ECARX, commented, 'As the focus of automotive differentiation shifts towards ADAS and vehicle intelligence, global automakers are increasingly seeking integrated, cost-effective solutions that can accelerate their time-to-market while enhancing competitiveness. The Antora® 1000 SPB addresses these needs significantly enhancing driving safety, making it a compelling choice for automakers worldwide. This innovation further strengthens the appeal of the Antora® series as the preferred solution for next-generation vehicles. We are firmly committed to investing in R&D as a driver of innovation as we continue to showcase the remarkable versatility of our solutions and how they can be easily replicated and scaled across various models for our growing customer base globally.' About ECARX ECARX (Nasdaq: ECX) is a global automotive technology provider with capabilities to deliver turnkey solutions for next-generation smart vehicles, from the system on a chip (SoC), to central computing platforms, and software. As automakers develop new electric vehicle architectures from the ground up, ECARX is developing full-stack solutions to enhance the user experience, while reducing complexity and cost. Founded in 2017 and listed on the Nasdaq in 2022, ECARX now has over 1,900 employees based in 12 major locations in China, UK, USA, Sweden and Germany. The co-founders are two automotive entrepreneurs, Chairman and CEO Ziyu Shen, and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group — with ownership interests in global brands including Lotus, Lynk & Co, Geely Galaxy, Polestar, smart, and Volvo Cars. ECARX also works with other well-known automakers, including Volkswagen Group, FAW and Dongfeng Peugeot-Citroën. To date, ECARX products can be found in over 8.1 million vehicles worldwide. Forward-Looking Statements This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies, and the industry in which we operate. The use of words 'expects,' 'intends,' 'anticipates,' 'estimates,' 'predicts,' 'believes,' 'should,' 'potential,' 'may,' 'preliminary,' 'forecast,' 'objective,' 'plan,' or 'target,' and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to, statements regarding our intentions, beliefs, or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate. For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see ECARX's filings with the U.S. Securities and Exchange Commission. ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law. Investor Contacts:ir@ Media Contacts:ecarx@ in to access your portfolio
Yahoo
14-04-2025
- Automotive
- Yahoo
ECARX to Report First Quarter 2025 Financial Results on April 30, 2025
SHANGHAI, April 14, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the first quarter of 2025, before the U.S. market opens on Wednesday, April 30, 2025. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors. Earnings Conference Call & Webcast Details:Date: Wednesday, April 30, 2025 Time: 8:00 a.m. U.S. ETWebcast: To join the live conference call, please register at to receive the conference call details as well as international access numbers. Please join at least 15 minutes in advance to ensure a timely connection to the call and webcast. Audio replay information will be available on ECARX's investor relations website in the news and events section. A replay of the event and presentation materials will be available on the company's investor relations website under the results and reports section following the event. About ECARX ECARX (Nasdaq: ECX) is a global automotive technology provider with capabilities to deliver turnkey solutions for next-generation smart vehicles, from the system on a chip (SoC), to central computing platforms, and software. As automakers develop new electric vehicle architectures from the ground up, ECARX is developing full-stack solutions to enhance the user experience, while reducing complexity and cost. Founded in 2017 and listed on the Nasdaq in 2022, ECARX now has over 1,900 employees based in 12 major locations in China, UK, USA, Sweden and Germany. The co-founders are two automotive entrepreneurs, Chairman and CEO Ziyu Shen, and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group — with ownership interests in global brands including Lotus, Lynk & Co, Geely Galaxy, Polestar, smart, and Volvo Cars. ECARX also works with other well-known automakers, including Volkswagen Group, FAW and Dongfeng Peugeot-Citroën. To date, ECARX products can be found in over 8.1 million vehicles worldwide. Investor Contacts:ir@ Media Contacts:ecarx@ SOURCE: ECARX Holdings, Inc.