Latest news with #Kunpeng
Korea Herald
09-05-2025
- Business
- Korea Herald
Huawei: Keeping Cities Moving, Amplifying Urban Rail Intelligence
HONG KONG, May 9, 2025 /PRNewswire/ -- The Huawei Smart Urban Rail Summit, themed "Steaming Ahead with Cloud-Network Convergence and Data & AI Enablement for Smart Urban Rail", was held in Hong Kong, China. Thomas Xu, Vice President of Huawei's Smart Transportation BU and Director of the BU's Partner Development and Sales Department highlighted the importance of identifying the most suitable information, digital, and intelligent technologies for addressing specific service needs. Dr. Tony Lee Kar-yun, Operations and Innovation Director at MTR, believed that the integration of digital resources and innovative AI applications can enhance operational efficiency and passenger experience, and pointed out that this integration will serve as the foundation for more efficient urban transportation and more convenient community life. Mr. Xi Xiaodong, Chief Engineer of Shanghai Rail Transit Maintenance Support Co., Ltd., emphasized the need for metro operators to integrate external resources and enhance internal core capabilities if they are to achieve high-quality development. Nelson Huang, Rail Business Director of Huawei's Smart Transportation BU, stated that Huawei integrates innovative ICTs, such as the cloud, big data, 5G, AI, and IoT based on the digital and intelligent foundation for urban rail. Mr. Xiong Xinbin, Rotating CEO and Senior Vice President of Beijing Railway Institute of Mechanical & Electrical Engineering (BRI) noted that they have deployed Pangu models to empower rail transportation, utilized Ascend and Kunpeng to lay a solid data foundation, and integrated AI to develop a comprehensive intelligent O&M platform. During the follow-up roundtable salon, Mr. Ji Kun, Overseas Rail Solution Director of Huawei's Smart Transportation BU; Datuk Dr. Mohd Yusoff Sulaiman, Chairman of the Malaysian Rail Industry Corporation (MARIC); Chan Hing-keung, Chief of Operations Engineering Service & Innovation at MTR; Mr. Xi Xiaodong, Chief Engineer of Shanghai Metro Maintenance and Support; Mr. Xiong Xinbin, Rotating CEO and Senior Vice President of BRI; and David Xu, Vice President of Huawei's Smart Transportation BU and Director of the BU's Solution Development I&V Dept — delved into technology enablement scenarios, transformation pain points, data value mining, and user experience upgrade. Huawei has served more than 300 urban rail lines in over 70 cities around the world. Moving forward, Huawei will deepen its cooperation with industry partners by consistently adhering to the principle of "openness, cooperation, and shared success". The company is determined to realize convenient travel and smooth logistics, alongside digital and intelligent transportation. Photo - Photo - Photo - Photo - Photo -
Yahoo
10-04-2025
- Business
- Yahoo
Malaysia and China forge groundbreaking AI, cloud tech partnerships
Several Malaysian and Chinese technology companies and educational institutions will join forces in artificial intelligence (AI), cloud computing, and next-generation digital infrastructure. Six memoranda of understanding (MoUs) were exchanged earlier today, marking a significant chapter in digital collaboration involving major tech players and academic hubs from both nations. The event also underscores the commitment of both nations to advancing digital technologies while fostering stronger ties in the digital economy. Present to witness the exchange of MoUs at Pullman Kuala Lumpur City Centre were Digital Minister Gobind Singh Deo and His Excellency Lan Tianli, the Governor of China's Guangxi Zhuang Autonomous Region. 'These MoUs will deploy advanced AI and cloud solutions to transform e-commerce platforms, logistics networks, government services and the digital infrastructure in Malaysia,' said Gobind. 'The exchange of knowledge and resources in digital technology and innovation is crucial for Malaysia's growth. It will significantly benefit our nation's digital agenda by enhancing our capabilities, fostering innovation and driving economic progress.' The six MoUs cover various AI initiatives and include the creation of a sovereign AI cloud infrastructure. This collaboration between Huawei Technologies (Malaysia) Co., Ltd and Skyvast Cloud Sdn Bhd will use Huawei's Ascend Graphic Processing Units, Kunpeng servers, cloud platforms, and networking solutions. Skyvast will lead the business development, application use case insights and go-to-market strategies within Malaysia and Asean markets. In creating smart logistics, Huawei Malaysia and Tiong Nam Logistics Solutions Sdn Bhd will integrate AI and cloud technologies into warehousing and supply chain operations. Tiong Nam will oversee the design, construction and operations of logistics technology solutions, supported by Huawei Malaysia's cloud infrastructure and AI computing capabilities. The other MoU will see TOGL Technology Sdn Bhd and Huawei Malaysia developing an AI-powered e-commerce and loyalty platform, combining TOGL's industry demand insights with Huawei's AI platform and advanced technological solutions. Huawei Malaysia also inked a three-way MoU with HeiTech Padu Bhd and MY E.G. Services to explore AI-driven digital services for government functions, such as immigration and transportation. The remaining two MoUs will see the construction of a China-Asean Spatiotemporal Intelligence Joint Information Technology Laboratory (between Guilin University of Electronic Technology and Universiti Malaysia Pahang Al-Sultan Abdullah); and an International Cooperation Joint Laboratory of AI (between Guangxi Minzu University and Tunku Abdul Rahman University). Earlier, Lan and his delegation paid a courtesy call on Gobind and other ministry officials. Their discussions included cooperation and more partnerships in AI, big data, and developing AI talents. 'We are confident that this visit will pave the way for deeper friendship and fruitful cooperation between Malaysia and Guangxi. Let us work hand-in-hand to shape a future where AI serves the people, strengthens our economies, and uplifts the region as a whole,' said Gobind. Such partnerships are in line with the Madani Government's agenda to accelerate AI adoption across all sectors en route to transforming Malaysia into a digital nation and a leading tech hub in Southeast Asia. Sam Majid, Head of the National AI Office (NAIO), said AI is a cornerstone of Malaysia's digital transformation strategy. 'Through NAIO, we are cultivating a robust and responsible AI ecosystem. This collaboration supports that ambition by fostering innovation, research excellence, and cross-border knowledge transfer in critical areas like AI in healthcare, data governance, and smart education,' he said.
Yahoo
31-03-2025
- Business
- Yahoo
China's Huawei 2024 profit drops; revenue rises at fastest rate in five years
By Che Pan and David Kirton BEIJING/SHENZHEN (Reuters) -China's Huawei Technologies said on Monday its profit fell by over a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its revenue grew at the fastest rate in five years. Net profit tumbled 28% to 62.6 billion yuan ($8.63 billion), which a company spokesperson attributed to heavy investment into research and development - reaching 179.7 billion yuan or about 20% of revenue - and not receiving any income from unit sales. Huawei sold its budget smartphone unit Honor to a Shenzhen government consortium in 2020 after U.S. sanctions limited its access to high-end chips and services from Alphabet's Google, with payments boosting profit in subsequent years. The Shenzhen-based firm reported 862.1 billion yuan in 2024 revenue, up 22.4% from 2023, with information and communication technology infrastructure contributing most to the figure, growing 4.9% to 369.9 billion yuan, Huawei said in a statement. Its gross profit margin in 2024 was 44.4%, down from 46.2% in 2023. Last year was the third successive year of growth since revenue tanked nearly a third in 2021 amid intensified U.S. curbs on access to advanced chips due to security concerns. It also came close to its 2020 peak of 891.3 billion yuan. Revenue from Huawei's consumer segment - which includes smartphones and other digital gadgets - rose 38% to 339 billion yuan, the second-highest growth across its five major segments. Huawei's intelligent automotive solutions unit - which helps traditional automakers make smart cars - saw revenue jump by more than 4.5 times to 26.4 billion yuan. It also eked out a profit for the first time last year. In a press release, Huawei's rotating chairwoman and chief financial officer, Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, said the results were in line with forecasts. "In 2024, the entire team at Huawei banded together to tackle a wide range of external challenges," Meng said, adding that Huawei devices are back in the fast lane. Huawei said it will continue to open up its platform capabilities to ecosystem partners and provide developers with tools and products in domains including its HarmonyOS, Kunpeng, Ascend and cloud computing products. Huawei has emerged as a centre for Chinese technological innovation in chips and operating systems amid a Sino-U.S. tech war, with its executives previously saying that U.S. action had pushed the company into "survival mode". The company has in past months struck a more confident tone, with founder Ren Zhengfei telling Chinese President Xi Jinping in May that concerns China had about a lack of home-grown chips and operating systems had eased. ($1 = 7.2503 Chinese yuan renminbi)
Reuters
31-03-2025
- Business
- Reuters
China's Huawei 2024 profit drops; revenue rises at fastest rate in five years
BEIJING/SHENZHEN, March 31 (Reuters) - China's Huawei Technologies ( said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its revenue grew at the fastest rate in five years. Net profit tumbled 28% to 62.6 billion yuan ($8.63 billion), which a company spokesperson attributed to heavy investment into research and development - reaching 179.7 billion yuan or about 20% of revenue - and not receiving any income from unit sales. Huawei sold its budget smartphone unit Honor to a Shenzhen government consortium in 2020 after U.S. sanctions limited its access to high-end chips and services from Alphabet's (GOOGL.O), opens new tab Google, with payments boosting profit in subsequent years. The Shenzhen-based firm reported 862.1 billion yuan in 2024 revenue, up 22.4% from 2023, with information and communication technology infrastructure contributing most to the figure, growing 4.9% to 369.9 billion yuan, Huawei said in a statement. Last year was the third successive year of growth since revenue tanked nearly a third in 2021 amid intensified U.S. curbs on access to advanced chips due to security concerns. It also came close to its 2020 peak of 891.3 billion yuan. Revenue from Huawei's consumer segment - which includes smartphones and other digital gadgets - rose 38% to 339 billion yuan, the second-highest growth across its five major segments. Huawei's intelligent automotive solutions unit - which helps traditional automakers make smart cars - saw revenue jump by more than 4.5 times to 26.4 billion yuan. It also eked out a profit for the first time last year. In a press release, Huawei's rotating chairwoman and chief financial officer, Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, said the results were in line with forecasts. "In 2024, the entire team at Huawei banded together to tackle a wide range of external challenges," Meng said, adding that Huawei devices are back in the fast lane. Huawei said it will continue to open up its platform capabilities to ecosystem partners and provide developers with tools and products in domains including its HarmonyOS, Kunpeng, Ascend and cloud computing products. Huawei has emerged as a centre for Chinese technological innovation in chips and operating systems amid a Sino-U.S. tech war, with its executives previously saying that U.S. action had pushed the company into "survival mode". The company has in past months struck a more confident tone, with founder Ren Zhengfei telling Chinese President Xi Jinping in May that concerns China had about a lack of home-grown chips and operating systems had eased. ($1 = 7.2503 Chinese yuan renminbi)
Yahoo
31-03-2025
- Business
- Yahoo
China's Huawei 2024 profit drops; revenue rises at fastest rate in five years
By Che Pan and David Kirton BEIJING/SHENZHEN (Reuters) - China's Huawei Technologies said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its revenue grew at the fastest rate in five years. Net profit tumbled 28% to 62.6 billion yuan ($8.63 billion), which a company spokesperson attributed to heavy investment into research and development - reaching 179.7 billion yuan or about 20% of revenue - and not receiving any income from unit sales. Huawei sold its budget smartphone unit Honor to a Shenzhen government consortium in 2020 after U.S. sanctions limited its access to high-end chips and services from Alphabet's Google, with payments boosting profit in subsequent years. The Shenzhen-based firm reported 862.1 billion yuan in 2024 revenue, up 22.4% from 2023, with information and communication technology infrastructure contributing most to the figure, growing 4.9% to 369.9 billion yuan, Huawei said in a statement. Last year was the third successive year of growth since revenue tanked nearly a third in 2021 amid intensified U.S. curbs on access to advanced chips due to security concerns. It also came close to its 2020 peak of 891.3 billion yuan. Revenue from Huawei's consumer segment - which includes smartphones and other digital gadgets - rose 38% to 339 billion yuan, the second-highest growth across its five major segments. Huawei's intelligent automotive solutions unit - which helps traditional automakers make smart cars - saw revenue jump by more than 4.5 times to 26.4 billion yuan. It also eked out a profit for the first time last year. In a press release, Huawei's rotating chairwoman and chief financial officer, Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, said the results were in line with forecasts. "In 2024, the entire team at Huawei banded together to tackle a wide range of external challenges," Meng said, adding that Huawei devices are back in the fast lane. Huawei said it will continue to open up its platform capabilities to ecosystem partners and provide developers with tools and products in domains including its HarmonyOS, Kunpeng, Ascend and cloud computing products. Huawei has emerged as a centre for Chinese technological innovation in chips and operating systems amid a Sino-U.S. tech war, with its executives previously saying that U.S. action had pushed the company into "survival mode". The company has in past months struck a more confident tone, with founder Ren Zhengfei telling Chinese President Xi Jinping in May that concerns China had about a lack of home-grown chips and operating systems had eased. ($1 = 7.2503 Chinese yuan renminbi) Sign in to access your portfolio
