Huawei saw its revenue soar 34.3% to CNY417.5 billion ($58.8 billion) in the first half of the year, boosting net profit by 17.8% to CNY54.9 billion. Despite a slight dip in profit margins, Huawei aims to enhance business resilience and optimize its portfolio. Their innovative 5.5G network promises to revolutionize VoIP technology.
An enthusiastic exploration of advancing telecommunication technologies, particularly 5G and its bigger sibling, 5.5G, was recently exhibited by Huawei’s Antenna Business Unit President, Eric Zhao. Eric emphasizes how competent R&D pursuits are imperative to propel antenna performance, a critical aspect in 5.5G proliferation. He highlights the enhancement of user experience, operational efficiency and service extension as key objectives. Moreover, Huawei’s strides in working towards the goals of unrestricted deployment, zero signal loss, and ‘zero touch’ O&M demonstrate their ambition. Yet, the journey towards these ambitious targets is far from over.
The implementation of 5G and 5.5G continues to hit roadblocks for mobile network operators – from an overwhelming number of O&M alarms to growing energy usage. Striking a balance between enhanced user experience and energy efficiency becomes crucial. Furthermore, the substantial financial expenditure for service provisioning underscores the need for attracting high-value customers. As the industry clarity grows on evolving towards autonomous networks, the two standout levels are L3 – a process that enhances efficiency, and L4 – that takes O&M to a proactive level with preventive tactics. Huawei’s solutions in this field focus on syncing optimal energy efficiency with ideal service experience. Interestingly, Huawei’s collaboration with a German operator led to the introduction of a premium package, further opening doors to business growth.
Huawei champions the development of 5.5G technology, anticipating significant steps in network infrastructure. Advocating for evolution and readiness, Huawei focuses on 5G-Advanced as a cornerstone of future telecom progression. However, global implementation poses challenges, with promising 5G speeds needing considerable network densification and negative trends in capital expenditure. As such, Huawei and other vendors are pivoting to cater to the enterprise market, favouring an immersive approach in changing market needs, instead of simply relying on network infrastructure investment.
In this dynamic digital era, telecom stakeholders are exploring innovative ways to connect people, homes, industries with machines and vehicles. Huawei’s Li Peng emphasizes creating value with 5G, citing its ability to deliver higher traffic, extensive connectivity, reliable latency, and multifaceted cloud services.
