Huawei increases R&D spend
Chinese ICT giant Huawei, increasingly focusing its attention on Africa, has announced an increased investment in innovation.
In issuing its financial results for the 2011 financial year this week, Huawei reported FY11 Revenue of CNY 203.9 billion, with a planned R&D Investment of CNY 23.7 billion.
Huawei's 2011 business performance was buoyed by impressive growth achieved by the Consumer and Enterprise business groups. Huawei continued to grow and consolidate its market presence globally in 2011, generating sales revenues of CNY 65.57 billion, up 5.5%, from the domestic market; and recording sales revenues of CNY 138.4 billion, an increase of 14.9%, from overseas markets.
"In 2011, Huawei increased its investment in the enterprise and consumer business segments, and achieved all-around growth on the back of strong business momentum generated by the company's successful transformation into a complete end-to-end ICT solutions provider," said Mr. Ken Hu, Rotating and Acting CEO, Huawei. "We have made strategic investments, augmented our R&D capabilities and deployed resources globally, and implemented a future-oriented business architecture that puts Huawei in a confident position for sustained growth."
Late last year, Huawei unveiled a ‘glocalisation’ campaign in Africa and revealed a range of smart technologies for Africa.
Huawei Africa CEO Peng Song said at the time that the core of the local strategy was customer-centric innovation, establishment and maintenance of local business partnerships as well as localized operations.
This week, the company said its future plans took into account ten key issues it saw influencing the development of the global telecoms industry:
1. The mobile network enters the Gigabit Era - it's time to build ubiquitous broadband networks
2. Implement intelligent optical network management and embrace the advent of all optical access
3. The telecom industry needs to further its transformation toward All-IP networks and enter an all packet phase
4. IT infrastructure based on cloud computing is the prerequisite for building networks based on data centralization and data centers
5. Operations support systems/business support systems (OSS/BSS) must be modernized to adapt to an open environment in the industry chain and the on-demand operational model
6. Provide insights into customer needs and build adaptable enterprises based on "big data" analysis
7. Build resilient and intelligent networks, and support on-demand bandwidth operations
8. Integrate digital media content, and build digital distribution channels across various platforms
9. Integrate the IT supply chain and harness the impact of cloud computing on the existing IT business model to transform ICT
10. Provide trustworthy information services to ensure cyber security and privacy protection