. 24/7 Space News .
CAR TECH
Embattled Huawei plans push into smart-vehicle sector to survive
by AFP Staff Writers
Shanghai (AFP) April 12, 2021

Embattled Chinese tech giant Huawei on Monday vowed to weather wide-ranging US sanctions with a push into the intelligent vehicle sector and ramping up development of its own mobile phone ecosystem.

Rotating chairman Eric Xu said Huawei planned to invest one billion dollars in the projects -- in cooperation with major Chinese automakers -- of systems for electric vehicles and cars that use artificial intelligence.

It also planned to push ahead in helping develop applications for the coming advent of superfast 5G connections, in cloud computing, and in the software business.

"With these adjustments in portfolio, we are quite confident we can survive," Xu told a gathering of industry analysts at company headquarters in the southern technology hub of Shenzhen.

"So the overall strategy and specific measures of Huawei are all revolving around enabling us to survive and develop under the entity listing in the long term," he said.

Former US president Donald Trump in 2018 launched an aggressive campaign to isolate the company globally amid concerns that its telecom networking equipment installed worldwide could be used by China's Communist Party government for espionage or sabotage.

China and Huawei have fiercely rejected the insinuation, saying the United States has never provided evidence.

The measures against the company include barring it from the huge US market, cutting it off from global component supply chains and pressuring allies to ban or rip out Huawei gear from their national telecom systems.

The administration of US President Joe Biden, who took office in January, has so far indicated no let-up on Huawei.

Executives have indicated in recent months the company would pivot from a reliance on its two main business units, but Xu's comments Monday were the most specific to date.

Huawei is the world's largest supplier of telecom networking gear and has long been a top-three smartphone supplier along with Apple and Samsung.

But it tumbled out of the mobile phone big three in late 2020 as sales plummeted due to the difficulty accessing necessary components, according to industry trackers.

Chinese state-owned carmaker BAIC plans to unveil a new model of its ArcFox electric vehicle line at next week's Shanghai Auto Show, for which Huawei provided operating components, Chinese media have reported.

Xu said Huawei also had plans to cooperate with other Chinese auto manufacturers on electric or intelligent vehicles, a fast-growing market in China.

It also will step up efforts to develop its own mobile phone operating system, after US actions cut off it from using Google's Android OS.

Analysts have said this is a tall task given the global stranglehold of Android and Apple's iOS system.

Huawei has said it can build on its existing large base of users in creating a viable alternative.

dma/rox/je

APPLE INC.

GOOGLE

BAIC MOTOR

SAMSUNG ELECTRONICS


Related Links
Car Technology at SpaceMart.com


Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Monthly Supporter
$5+ Billed Monthly


paypal only
SpaceDaily Contributor
$5 Billed Once


credit card or paypal


CAR TECH
Intel to supply self-driving systems for delivery trucks
San Francisco (AFP) April 12, 2021
Intel on Monday said it is supplying self-driving systems to Silicon Valley startup Udelv, which plans to have a fleet of autonomous delivery vehicles in action within two years. Udelv and the Mobileye unit at Intel aim to produce more than 35,000 driverless "Transporters" by the year 2028, the companies said in a joint release. "Our deal with Udelv is significant for its size, scope and rapid deployment timeline," said Mobileye chief Amnon Shashua. "COVID-19 has accelerated demand for auton ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
Sperms in Space and the Lust for Power Grips Voyagers in Theaters April 9th

More potential air leak locations found at ISS

Soyuz crew blasts off; marking 60 years of spaceflight

NASA selects innovative, early-stage tech concepts for continued study

CAR TECH
Ariane 6 pre-flight 'plumbing' tests

Rocket Lab to recover Electron Booster on next mission

NASA certifies new launch control system for Artemis I

RS-25 rocket engines return to launch Artemis missions

CAR TECH
NASA space copter ready for first Mars flight

Mars didn't dry up in one go

Perseverance's take selfie with Ingenuity

Odyssey marks 20 years of mapping Mars

CAR TECH
Ningbo to build $3.05b rocket launchpad site

China advances space cooperation in 2020: blue book

China selects astronauts for space station program

China tests high-thrust rocket engine for upcoming space station missions

CAR TECH
SpaceX launches 60 Starlink communications satellites

SpaceFund Venture Capital Announces First Close of Second Fund

Nine global space startups to join Australia's first space dedicated incubator program

New study finds satellites contribute significant light pollution to night skies

CAR TECH
Fornite maker Epic Games valued at $28.7 bn in funding round

$69 million digital art buyer shines light on 'NFT' boom

EU slaps tariffs on China aluminium products

US adds Chinese supercomputer centers to export blacklist

CAR TECH
Long-awaited review reveals journey of water from interstellar clouds to habitable worlds

Scientists shed more light on molecules linked to life on other planets

Raindrops also keep fallin' on exoplanets

First transiting exoplanet's 'chemical fingerprint' reveals its distant birthplace

CAR TECH
NASA's Europa Clipper builds hardware, moves toward assembly

First X-rays from Uranus Discovered

SwRI scientists discover a new auroral feature on Jupiter

The PI's Perspective: Far From Home









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.