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April 2, 2021
Author and thought leader Elise Quevedo gives her take on the Huawei 2020 Annual Report.
In partnership with KPMG, Huawei has released its unmodified 2020 annual report and financial information. The report shows overall growth in sales and net profit despite a decrease in revenue in some markets and of course the global pandemic.
Huawei’s revenue for 2020 was 891.4 billion Chinese yuan (US$136 billion), a 3.8% increase over 2019.
Four areas stood out for me:
Digital Transformation
5G
HarmonyOS
R&D
Digital TransformationHuawei Deputy Chairman Ken Hu mentioned that enterprises are prioritizing the acceleration of digital transformation. Over the last few years, digital transformation has moved to the top of the agenda of many organizations, whether or not they’ve taken any action in this regard. 86% of managers expect the digitalization trend to gather momentum, confirming that it’s a topic high on the global agenda.
A total of 253 Fortune 500 Global companies in more than 700 cities have chosen Huawei as their partner for digital transformation, with Huawei’s Enterprise Business Group enjoying the strongest growth of Huawei’s businesses at 23%.
This also shows us that companies are adapting. Has the pandemic truly supercharged the evolution and pace of digital transformation? In his speech about the report, Ken Hu mentioned that we are now 1 to 3 years ahead of previous targets for full cloud adoption.
In the enterprise context, we should also keep in mind the saying, “It is not the most intelligent or strongest that survives, but the one that is most adaptable to change.”
5GHuawei’s carrier business hasn’t stopped moving forward, continuing to roll out 5G amid the pandemic and restrictions. The total revenue from its Carrier Business Group was 302.6 billion Chinese yuan (US$46.4 billion), a YoY increase of 0.2%.
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KPMG’s unmodified audit shows the resilience of the tech brand in the face current challenges and testifies to the importance of collaboration and partnership. Indeed, without it, Huawei wouldn’t have enjoyed this growth.
During 2020, the company supported the stable operations of 1,500+ carrier networks across 170+ countries and regions. It worked with international carriers on over 3,000 5G innovation projects, across 20 industries including coal mining, steel, ports, and manufacturing.
Read more: Working with 5G: Safer, Smarter & People-First
Huawei’s RuralStar solutions continue to provide mobile Internet services for more than 50 million people living in remote areas in 60+ countries.
Huawei’s RuralStar connects Tobolo, a remote village in Nigeria
Read more: RuralStar: Remote Doesn’t Mean Out of Reach
HarmonyOSI haven’t tried Huawei’s HarmonyOS yet. However, the annual report numbers, which show an overall consumer business growth of 3.3%, tells me that this tech giant only rolls out products when they believe they have a win-win.
Although there was a decrease in Europe, US & APAC, China sales made up for it. It is estimated that 300 million devices will run on HarmonyOS this year.
Huawei’s focus on the consumer side is on developing an ecosystem that connects all consumer devices in life, powered by HarmonyOS and Huawei Mobile Services. According to Huawei, this ecosystem will provide smart living solutions based on five scenarios: smart office, fitness & health, smart home, smart travel, and audio-visual entertainment.
Many consumers were worried that they wouldn’t be able to use their Huawei smart devices or didn’t know what to expect when HarmonyOS was released. But with the overall growth of 3.3%, we can only say it was a move that paid off.
My question is, will Europe, US, & APAC sales increase next year? Or will China continue to be the leader on the consumer side?
R&DSince visiting the Huawei Campus back in 2019 and understanding their R&D efforts more, I’m not surprised to see they focused on recruiting more next-generation leaders, increasing their workforce by 3,000 people.
It’s no secret that Huawei ranks amongst the top companies when it comes to R&D investment, something we can consistently see in the payoff when it comes to product and solution rollouts and by the simple fact that they have one of the largest patent portfolios in the world. In 2020, the company held a total of 100,000+ active patents.
2020’s annual R&D investment totaled 141.9 billion Chinese yuan (US$21.8 billion), accounting for 15.9% of the company’s total revenue.
To summarize, all key areas of Huawei – its Carrier, Enterprise, and Consumer business groups – all saw a growth in revenue, representing a solid year despite all the challenges.
Does this mean tech companies are the ones that have survived and adapted better than the rest during the unprecedented challenges we saw in 2020? Or is it time to realize that tech companies are crucial to socioeconomics and can help multiple industries survive moving forward?
And does the report show hope that there’s a turnaround in regards to the challenges Huawei continues to face as a Chinese tech giant? Will they continue to thrive? We’ll have to wait for the 2021 report to see.
Download the full Huawei 2020 Annual Report. https://www.huawei.com/en/annual-report/2020
About the AuthorElise Quevedo
Elise is an author, digital media advisor, and global thought leader. She collaborates with individuals and brands across the globe, including Fortune 500 companies. Elise is passionate about tech and storytelling.
Follow Elise on Twitter: @EliseQuevedo
Disclaimer: Any views and/or opinions expressed in this post by individual authors or contributors are their personal views and/or opinions and do not necessarily reflect the views and/or opinions of Huawei Technologies.
Related
The retail industry is undergoing a monumental shift. Brick-and-mortar stores and traditional high streets around the world have experienced a gradual decline over recent years due to shoppers preferring to buy goods online. Enforced retail closures and worldwide lockdowns have only served to accelerate consumers’ shift towards online shopping. While these behaviour shifts have spelled problems for many retailers struggling to attract and retain traditional customer bases, it’s also opening exciting opportunities for businesses that are ready and willing to launch into a new age of online retail.
The changing world of e-commerce
It’s no secret that online shopping, also known as e-commerce, continues to represent a growing share of the retail industry. According to Digital Commerce 360, Research and Market Statistics, global ecommerce sales through all channels reached a total $3.53 trillion in sales by the end of 2019, and that growth rate of 20% is expected to extend into the foreseeable future – by 2040, it is expected that 95% of all purchases will be made online. While international giants such as Amazon and Alibaba are often the first to spring to mind when thinking about online retailers, there are an estimated 1214 million e-commerce websites across the globe, with more coming online every day.
New consumer trends are shaping how online retailers conduct their business. People are increasingly looking to their smartphones and mobile apps to find and buy products, and high-quality, tailored content on retail platforms is becoming the baseline expectation for consumers. Furthermore, consumers are growing more familiar with new technology such as augmented reality and artificial intelligence and are looking for online retail platforms that integrate these capabilities.
With such a competitive market dominated by a core group of leading marketplaces, and consumers expecting more innovative experiences from their mobile phones, merchants will need to look at new and unique ways of piquing the interests of prospective customers and improving customer conversion rates. In this sense, new and innovative technology can help online sellers create more interactive and intelligent online shopping experiences and find new ways of gaining new customers.
Earlier this month, Huawei’s annual developer conference, HDC 2020, looked at how AppGallery and Huawei are helping developers in the e-commerce sector address these challenges and succeed in a continually changing industry, and we’ve summarized some of the key trends and insights from the conference.
How to stick out from the crowd and gain new customers
It’s an age-old challenge for retailers of all shapes, sizes, and sectors – how to attract and retain new customers. Having quality products or low prices can only get you so far in the modern day, and the saturated online market makes it hard for retailers to get noticed.
As more and more consumers gravitate to mobile and smartphone technology, Huawei understands that the success of its app marketplace, AppGallery, and its wider ecosystem is dependent on the success of its developers and partners. That is why it allocates extensive resources and has implemented a range of measures to help merchants drive traffic onto their platforms. Huawei offers cutting-edge artificial intelligence (AI) and machine learning (ML) capabilities to drive more intelligent shopping solutions and enable retailers to create more tailored shopping services for their customers. For example, its Precision Marketing feature uses Push Kit and ML to ensure marketing is carried out in the most precise manner to accurately reach the right audiences. The Intelligent Shopping function, combines product display, customer searching, reviewing, and purchasing to drive sales, while the Smart Photo Searching feature utilises deep learning technologies to help customers easily find the products they want through an image search rather than relying on outdated text-based search options. AR also enables a ‘try before you buy’ feature, which allows consumers to use their smartphone camera to place products into real-life scenarios. This enables consumers to understand the functions and design of a product and to view how it would look in the ‘real environment’, such as viewing a new piece of furniture in their lounge of living room.
These solutions are helping deliver tangible success for AppGallery partners. Banggood, one of the largest cross-border ecommerce apps in South East China, implemented the Smart Photo feature to allow customers to quickly and easily find specific items in its extensive product selection, leading to a much smoother shopping experience and a higher visit-to-purchase conversion rate.
These features are complemented by the wide range of innovative capabilities available through HMS Core, Huawei’s toolkit for developers, which also help drive more intelligent targeting. Huawei’s Ads, Push, Scan, and Analytics Kits enable retailers to deliver targeted campaigns such as advertising, push notifications, and QR code-based coupons. For example, Lenta, the largest hypermarket and supermarket chain in Russia, uses push notifications to remind customers of discounts, leading to the app’s 16 million active users increase expenditure by 3%.
Furthermore, for e-commerce brands that rely solely on web-based platforms, Huawei’s Quick Apps help platforms become smartphone compatible by allowing developers to wrap an existing web-based store into an app that is present in AppGallery, all in under an hour.
These resources are in addition to the unparalleled marketing support, promotional opportunities, and branding resources Huawei and AppGallery offer its partners to help them attract new users throughout AppGallery’s 490 million monthly active users. KUMU, a community platform where you can get paid by becoming a live streamer, demonstrated how apps can take full advantage of AppGallery’s in-app resources after it featured in Top Banners, Flash Screens, and recommended app lists. KUMU also launched joint marketing promotions with Huawei, including a Mother’s Day campaign and an AppGallery KOL contest, which resulted in premium users increasing 220%; IAP revenue increasing 40-fold; and a reach of more than 1million users.
Creating a more immersive and visual experience for consumers
Gone are the days when online retailers could simply list products on their website and trust that new customers will click through and make a purchase. While this model might work for established online marketplaces that have thousands of products at competitive prices, smaller players need to do more to truly engage users and differentiate themselves from the swarm of competitors.
That is why Huawei focuses on providing platforms and retailers with the tools and resources to create a more intelligent user experience, without the need for extensive technical expertise and expensive software. There are many ways to utilise technology to improve user experience, but one method that has been proven to boost user acquisition and customer conversion rates is live commerce, where a seller presents a product to a live online audience of prospective customers.
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Earlier this year Huawei launched a new live commerce solution to help make ground-breaking technology accessible to online retailers without using costly and resource-intensive studio equipment. The solution combines some of Huawei’s most innovative technology such as Augmented Reality (AR) and Artificial Intelligence (HiAI) to enable online retailers to create more immersive and intelligent visual experiences. For example, Huawei’s powerful AR capabilities can create an advanced visualization experience, where chosen products can be displayed separately to those being shown by the presenter. Meanwhile, HiAI also revolutionizes the consumer experience by allowing the use of scenario-based sales, such as the presenter setting alternative backdrops to their live stream. The solution also enables presenters to use a second camera position that is perfect for showing alternative shots for modelling products, while enhanced 5G and Wi-Fi capabilities help deliver a faster and smoother live stream.
As the e-commerce and retail industry continues to evolve, AppGallery and Huawei is committed to helping retailers of all shapes and sizes keep pace with ongoing changes in the sector and embrace new technology to succeed in today’s online world.
As a technology company, respecting and protecting intellectual property is one of the core principles of our business.
We’re committed to open research and innovation. We welcome integration with advanced technologies across the global value chain, and we have the infrastructure in place to rapidly launch products and services with top quality and performance to meet our customers’ needs.
Huawei has become one of the world’s largest patent holders through sustained investment in innovation. By the end of 2020, we held over 100,000 active patents in more than 40,000 patent families worldwide. We invest 10% to 15% of our annual revenue into R&D, and have invested more than US$90 billion into R&D over the past 10 years. This sustained investment placed Huawei as number three on the 2020 EU Industrial R&D Investment Scoreboard.
Read more: Huawei Ranks 3rd in 2020 EU Industrial R&D Investment Scoreboard
Huawei Ranks 3rd in 2020 EU Industrial R&D Investment Scoreboard
We’re committed to building a strong Europe through R&D, innovation & collaboration – as our R&D performance shows.
blog.huawei.com
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Patent LicensingWe’re ready and willing to license our patents and technologies worldwide to drive progress in the industry. And as a leader in 5G, Huawei follows FRAND principles when it comes to patent licensing.
As announced earlier this month, we estimate that Huawei will receive about US$1.2-1.3 billion in revenue from patent licensing between 2019 and 2021. For every multi-mode 5G smartphone, we will provide a percentage royalty rate of the handset selling price, and a per unit royalty cap at US$2.5. Our standard rate is designed to give the industry a more transparent cost structure that will support 5G and digital transformation investment decisions moving forward.
Our hope is to boost investment confidence and drive the rapid adoption of 5G in all domains.
As well as protecting our own IP, we also believe in fully respecting the intellectual property of other parties. We comply with international rules and norms for IP management and protection, and endeavor to resolve IP disputes amicably through methods like cross-licensing and technical and business partnerships. Over the past 20 years, we’ve conducted extensive cross-licensing negotiations with key patent holders in the ICT industry. We have entered into more than 100 patent license and cross-license agreements with major global ICT companies across Europe, the United States, Japan, and South Korea.
A History of InnovationIn 2019, we released our first IP white paper, which outlines our principles and practices in innovation and IP protection, as well as our contributions to the industry as a whole. Now, we’ve released the 2020 white paper, which focuses on Huawei’s IP management prior to 2010 and uses historical data and key milestones to provide insight into Huawei’s approach to R&D and innovation since the 1990s.
We believe that studying the past can better inform future decisions. Long-term investment in innovation, backed by the utmost respect for intellectual property, has been the driving force behind Huawei’s business success, and also forms the cornerstone of our vision to build a fully connected, intelligent world.
Going forward, we will regularly announce progress in innovation and IP activities, and continue to proactively engage the public to keep you informed of our approach to innovation.
Download our white paper here: Respecting and Protecting Intellectual Property: The Foundation of Innovation
http://www-file.huawei.com/-/media/CORP2020/pdf/download/Huawei_IPR_White_paper_2020_en.pdf
ByJay Chen
May 18, 2021
We are not just entering an intelligent world, we are now living in one. All things are sensing, converting our physical world into digital signals. All things are connected, from humans to machines. And all things are intelligent, powered by big data and artificial intelligence. These advances make our lives easier, more responsive, and more autonomous.
The foundation of all this is new ICT includes 5G, IoT, big data, and cloud computing. But, we face a huge labor shortage. Korn Ferry research finds that Asia Pacific is facing an imminent labor shortage of 47 million people by 2030 and an annual opportunity cost of US$4.238 trillion. According to PwC’s 20th CEO Survey, more than 50% of APAC CEOs say it’s difficult to hire digital talent with the right skills.
Asia Pacific is facing an imminent labor shortage of 47 million people by 2030 and an annual opportunity cost of US$4.238 trillion
To combat this talent shortage and also help address current learning challenges as a result of COVID-19, Huawei has launched multiple initiatives throughout Asia Pacific to provide learning services that help facilitate remote learning and enhance technical skills.
From our partnership with Bijoy Digital and UNESCO in Bangladesh to provide digital solutions to facilitate distance learning through a project called “Bridging the Education Gap”, to our efforts in Indonesia where Huawei Cloud and ULearning have partnered to provide an online learning management system (e-learning), we’re helping provide connectivity and e-learning to everyone from elementary school students, to universities, and professionals.
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63,000 women have already received training through the Digital Training Bus project in Bangladesh, launched by Huawei & its partners in 2017.
Education, along with AI Healthcare and Enterprise on Cloud, is one of the three foundation services launched by Huawei Cloud as part of our global action plan to help customers fight COVID-19 with cloud and AI services. We’re actively working with partners to provide online teaching services to schools and universities during this pandemic so that teaching and learning activities can continue undisrupted.
The cloud platform will support distance learning where teachers and students can interact through audio, video, and chat rooms. Online tools will enhance the efficiency of curriculum development and allow teachers to work together remotely and share teaching materials. Apart from empowering students to learn on their own using low-latency HD VOD, the platform will distribute teaching content distribution faster, enable online exams, and monitor learning progress in real time.
Read more: How Sharing Education Resources Gives Children Wings to Fly
Huawei has called for closer collaboration with its local partners to boost the development of joint solutions as countries move into the stage of economic recovery. As part of this, we also announced our Virtual Academy, with more than 140 free online courses to accelerate training and up-skilling of ICT professionals and SME digital transformation.
Similar programs have been established in Asia Pacific countries including Bangladesh, Sri Lanka, Malaysia, Thailand, Indonesia and the Philippines, providing thousands of ICT courses and hundreds of skilled trainers to nurture a national digital talent ecosystem. The Huawei program includes a top level design with well-defined ICT talent certification standards and a Huawei ICT Academy cooperation project for global universities. More importantly, we hold ICT competitions and job fairs for students to develop their skills, get recognized for it, and immediately secure employment opportunities in fields of their choosing.
This year, our ICT talent ecosystem cultivation programs will be extended to countries and regions such as Bangladesh, Sri Lanka, and Nepal, through which we aim to develop 100,000 ICT professionals and popularize digital skills over the next five years in this dynamic region by collaborating with local governments, universities and industrial partners.
At scale, Huawei supports collaborative education with programs like Train the Trainer and our authorized training partners can deliver Huawei certification training globally. With academies and training partners established, we can promote the value of certification and help cultivate the much needed talent for the ICT industry.
We leverage our knowledge of the industry and provide Huawei certification through development solutions that allow students to learn and acquire new skills. We then use the Huawei ICT Competition and Job Fairs to allow students to get recognized and secure valuable employment at either one of our customers or partners, or even at Huawei directly.
The world ahead will be one dominated by devices: connecting, sensing, and reacting to everything around us. We hope our education programs not only reaffirms our commitment to social responsibility, but also prepares the next generation of experts to design and navigate this digital landscape.
Our future depends on it.
Save the DateLearn more about the upcoming Digital Talent Regional Summit at which I’ll be speaking.
As a technology company, respecting and protecting intellectual property is one of the core principles of our business.
We’re committed to open research and innovation. We welcome integration with advanced technologies across the global value chain, and we have the infrastructure in place to rapidly launch products and services with top quality and performance to meet our customers’ needs.
Huawei has become one of the world’s largest patent holders through sustained investment in innovation. By the end of 2020, we held over 100,000 active patents in more than 40,000 patent families worldwide. We invest 10% to 15% of our annual revenue into R&D, and have invested more than US$90 billion into R&D over the past 10 years. This sustained investment placed Huawei as number three on the 2020 EU Industrial R&D Investment Scoreboard.
Read more: Huawei Ranks 3rd in 2020 EU Industrial R&D Investment Scoreboard
Huawei Ranks 3rd in 2020 EU Industrial R&D Investment Scoreboard
We’re committed to building a strong Europe through R&D, innovation & collaboration – as our R&D performance shows.
blog.huawei.com
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Patent LicensingWe’re ready and willing to license our patents and technologies worldwide to drive progress in the industry. And as a leader in 5G, Huawei follows FRAND principles when it comes to patent licensing.
As announced earlier this month, we estimate that Huawei will receive about US$1.2-1.3 billion in revenue from patent licensing between 2019 and 2021. For every multi-mode 5G smartphone, we will provide a percentage royalty rate of the handset selling price, and a per unit royalty cap at US$2.5. Our standard rate is designed to give the industry a more transparent cost structure that will support 5G and digital transformation investment decisions moving forward.
Our hope is to boost investment confidence and drive the rapid adoption of 5G in all domains.
As well as protecting our own IP, we also believe in fully respecting the intellectual property of other parties. We comply with international rules and norms for IP management and protection, and endeavor to resolve IP disputes amicably through methods like cross-licensing and technical and business partnerships. Over the past 20 years, we’ve conducted extensive cross-licensing negotiations with key patent holders in the ICT industry. We have entered into more than 100 patent license and cross-license agreements with major global ICT companies across Europe, the United States, Japan, and South Korea.
A History of InnovationIn 2019, we released our first IP white paper, which outlines our principles and practices in innovation and IP protection, as well as our contributions to the industry as a whole. Now, we’ve released the 2020 white paper, which focuses on Huawei’s IP management prior to 2010 and uses historical data and key milestones to provide insight into Huawei’s approach to R&D and innovation since the 1990s.
We believe that studying the past can better inform future decisions. Long-term investment in innovation, backed by the utmost respect for intellectual property, has been the driving force behind Huawei’s business success, and also forms the cornerstone of our vision to build a fully connected, intelligent world.
Going forward, we will regularly announce progress in innovation and IP activities, and continue to proactively engage the public to keep you informed of our approach to innovation.
Download our white paper here: Respecting and Protecting Intellectual Property: The Foundation of Innovation
http://www-file.huawei.com/-/media/CORP2020/pdf/download/Huawei_IPR_White_paper_2020_en.pdf
ByKen Hu
June 9, 2021
Cybersecurity Challenges
While we’re deepening digitalization across the world, cybersecurity is becoming more important than ever before. In the news, we’ve seen an increase in cyberattacks aimed at critical infrastructure such as energy, healthcare, and transportation. These attacks have affected the lives of millions of people around the world.
According to Cybersecurity Ventures, in 2021 damages from cybercrime could reach US$6 trillion – that’s larger than the world’s third largest economy.
In 2021, damages from cybercrime might reach US$6 trillion – that’s larger than the world’s third largest economy.
Click to expand...
Click to collapse
Meanwhile, as a result of the pandemic, people are spending more time online than ever before. And I’m sure that many people reading this will continue to work remotely, even after the pandemic. This is the new normal. And it is more critical than ever to ensure a healthy and secure cyber space.
On a global scale, with increasing cyberattacks, all industries are taking cybersecurity more seriously.
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In the public sector, new laws, regulations, and standards are being introduced on a regular basis.
In the past two years alone, 151 countries have passed more than 180 cybersecurity laws. This is incredible progress. In the telecoms sector, industry organizations like GSMA and 3GPP have been working closely with industry stakeholders to promote NESAS Security Assurance Specifications and independent certifications.
These baselines have seen wide acceptance in the industry, and we’re confident that they will play an important role in the development and verification of secure networks.
However, we still have a lot of work to do. Cybersecurity is a complex, evolving challenge that requires close collaboration and information-sharing. We still lack a standards-based, coordinated approach across the industry, especially when it comes to governance, technical capabilities, certification, and collaboration.
In some places, there’s still a misconception that country-of-origin affects the security of network equipment and technology. This is simply not true. It doesn’t solve the real challenges our industry faces, and it prevents us from forming a unified approach.
There’s still a misconception that country-of-origin affects the security of network equipment and technology. This is simply not true.
Click to expand...
Click to collapse
At Huawei, cybersecurity is our top priority. We take this responsibility seriously, because we owe it to our customers – and their customers – to make sure that the equipment they’re using is healthy and secure.
We’re proud of what we have achieved. For the past 30 years, we have served more than 3 billion people around the world. We support the stable operations of more than 1,500 carrier networks in over 170 countries and regions.
And we have maintained a solid track record in cybersecurity this whole time.
This is the result of continuous long-term investment in cybersecurity management practices and technology for more than 20 years. We currently have more than 3,000 cybersecurity R&D personnel, with 5% of our R&D spend focused exclusively on boosting the security of our products.
Of course, our cybersecurity assurance systems weren’t developed in a vacuum. They’re the result of regular engagement, joint research, and joint innovation with our customers, partners, industry groups, regulators and standards organizations around the world.
That’s what this Cyber Security Transparency Center is all about. Two years ago we opened a similar center in Brussels. At the time I talked about our ABC principle for security at Huawei:
“Assume nothing. Believe nobody. Check everything.”
The idea is that both trust and distrust should be based on facts, not feelings, not speculation, and not baseless rumor. We believe that facts must be verifiable, and verification must be based on standards. With this as our guiding principle, we’ve set up six cyber security and transparency centers over the past 10 years in Europe, the Middle East, and North America.
The center in Dongguan will have three main functions:
Demonstrate solutions and share experience
Facilitate communication and joint innovation
Provide a platform for security testing and verification
This is our most advanced center yet, and it’s designed to gather and serve stakeholders from around the world. It has the best tools, testing environments, and experts available for our partners, customers and industry peers.
Here you can understand and test our products. And together, we can collaborate more closely on security standards, verification, and innovation.
We welcome all regulators, standards organizations, partners, suppliers, and Huawei customers to use this platform to understand and test our products, and collaborate more closely on security standards, verification, and innovation.
Three Closing ThoughtsOne, we must build capabilities together. Cyber security threats are complex, diverse, and evolving, and no single organization has what it takes to tackle them all. From governance, standards and technology, to verification, we need to work together, combine strengths, and build our collective capabilities.
Two, we must share value, like the Security Baselines we released today, and also the 5G Cyber Security Knowledge Base led by GSMA. The more knowledge and best practices we share, the more effectively we can strengthen cybersecurity as a community.
And three, we must form tighter coalitions. That means governments, standards bodies, and technology providers need to work closer together to develop a unified understanding of cybersecurity challenges. This must be an international effort.
The bottom line is that cybersecurity risk is a shared responsibility, and we need to treat it that way. We need to set shared goals, align responsibilities, and work together to build a trustworthy digital environment that meets the challenges of today and tomorrow.
Disclaimer: Any views and/or opinions expressed in this post by individual authors or contributors are their personal views and/or opinions and do not necessarily reflect the views and/or opinions of Huawei Technologies.
Original Post:https://blog.huawei.com/2021/06/09/working-together-secure-cyberspace/