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          Home / Business / 2018 World Internet Conference

          The keys to unlocking potential of new tech

          By Cheng Yu and Ma Si | China Daily | Updated: 2018-11-08 10:51
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          Zhao Ming, president of Honor [Photo/China Daily]

          A1 Wireless communication is the bedrock of an information society and has a vital role in the national economy, while artificial intelligence is seen as a revolutionary yet basic technology that will widely permeate industries.

          5G and AI technologies in emerging industries have been included in China's 13th Five-Year Plan (2016-20). Huawei started 5G research in 2009 and Honor, a popular cellphone brand under Huawei, launched its first AI-fitted smartphone in 2016.

          However, technological innovation is like an endless marathon race - endurance and sustainability prevail over speed. With the explosive emergence of 5G- and AI-featured achievements, China is entering a promising transformation period from Made in China into Created in China and Originating in China.

          A2 The Chinese economy experienced a surge since the country's reform and opening-up. The digital economy, as a national strategy, serves as an engine to drive economic growth and industrial transformation.

          Specifically, the e-commerce smartphone model that is asset-light with high efficiency is consistent with the global trend of the digital economy. Honor has stepped up the pace of economic growth and transformation in the following three aspects:

          For our business model, we have a decentralized and an asset-light business model, and seek to reshape consumption scenarios and advance a globalized vertical e-business.

          For our cutting-edge technology, we are committed to applying cutting-edge technology to consumable goods.

          The technological revolution guides economic development and combines hardware and software together, such as AI chips and cellphones, graphics processing unit turbo technology and 5G solutions, to optimize more products to adapt to the digital economy.

          For our service experience: We target digital natives. The internet functions both as a sales channel and a communication platform. The digital technology helps build a user feedback cycle to upgrade the user experience.

          A3 A powerful internet nation is a nation with strong technological strength, the capability to defend itself from a cyber attack, has a strong cyber economy and strict cyber governance.

          On top of that, it must have high-speed internet access and good internet penetration, diverse applications for individual users, in-depth application for corporations and efficient application for the government.

          Under the guidance of the Internet Plus strategy, we need to incorporate new technologies such as big data and AI to advance manufacturing and other vertical sectors, thereby realizing the goal of "Made in China 2025".

          As a leading high-tech e-brand in China, Honor is committed to exploring cutting-edge technology and making it available to the public, so as to elevate Honor products' performance and greatly optimize the user experience.

          A4 The emergence and evolvement of new technologies and models, such as blockchain, AI, AR and autonomous driving, epitomize the tech trends of the past year.

          A good case in point is AI. 2018 was the starting year of AI, which was in place prior to 5G and will be the accelerator of 5G. Thanks to rapid technological advancement and favorable government policies, "AI+ all industry" is expected to develop in full swing next year.

          Six years ago, Huawei already spearheaded the AI domain and then introduced its first AI-based cellphone Honor Magic to display its strength in AI systems.

          A5 The internet of things and new retail will deeply permeate into internet technology and the real economy. As consumption upgrading evolves deeper, IoT, an expansion of the internet, will be the target of giant players worldwide.

          This year, Honor has put forward its New Retail 3.0 strategy based on the Huawei HiLink protocol, which advocates a manufacturer-retailer co-construction pattern. This sales revolution deeply integrates retailer stores, Honor IoT products and Honor online-to-offline platforms together.

          In addition, 5G and AI are also key battlefields to fight for. 5G features high speed, short delay and broad linkage. AI and 5G are propelling one another, and they are expected to explode into full swing next year.

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