Commenting on Huawei’s recently announced annual report, Song said, “Our total revenue in 2021 reached 99.9 billion dollars and we generated a net profit of 17.8 billion dollars with a net margin of 17.9%.

As reports indicate from various sides, it is important to have focused approach for the every stakeholder in the industry—from manufacturers to end-users.

The consumer digital economy is expected to increase quickly in the next years, emphasising the importance of trustworthy, secure, and dependable payment processing systems. With its constant focus on cybersecurity and transaction safety, Amazon Payment Services intends to exceed consumer expectations in this regard.

At the recently concluded Mobile World Congress in Barcelona, Huawei displayed a variety of new technologies and solutions from across all of its business units to ensure success through digital transformation.

The signing ceremony came after an event that brought together professionals in technology and academics to spark debates about 5G, AI, design thinking, and the future of digitalization in the workplace.The collaboration intends to boost the UAE’s status as an innovation hub and recruit start-ups from the worldwide INSEAD alumni network in order to further drive knowledge .