Tesla News: The Reason Tesla Was Profitable in 2020 | The Business Newsroom Episode 75
Huawei said Wednesday it will invest $ 1.5 billion in its developer program over the next five years as it strives to create a sustainable and open ecosystem as part of its targeted strategy..
The Huawei Developer Program was first announced in 2015. Since then, the Chinese tech giant has said it supports over 1.3 million developers and 14,000 ISVs worldwide..
Speaking at Huawei Connect 2019, the company’s flagship event held in Shanghai, Deputy CEO Ken Hu said Huawei wants to expand the program with five million more developers. The company also wants to help partners «develop intelligent applications and next-generation solutions».
Huawei to provide more details on the update to its developer program on Friday.
«The future of computing is a huge market worth more than $ 2 trillion, Hu said. – We will continue to invest».
Huawei said Wednesday’s $ 1.5 billion investment announced Wednesday will target the industry as a whole, not just its own software and hardware..
Hu announced that this is part of the company’s broader strategy, which includes investing in fundamental research on its products to support new technologies such as artificial intelligence. Huawei also said it will make its hardware and software more accessible to its customers and partners..
Huawei has had a difficult year since the United States blacklisted the company in May, the so-called Entity List. This essentially restricts many American companies from selling their Huawei products without the permission of the US government..
Washington views Huawei as a security threat and believes its devices could be used by China for espionage. Huawei has repeatedly denied these allegations.
Huawei founder and CEO Ren Zhengfei told employees in August that the company was confronted with «life or death crisis», and outlined the development strategy of the Chinese telecommunications giant. It includes plans to simplify the reporting structure for greater efficiency and reduce redundant staff.
In August, the company released its own operating system – HongmengOS, known in English as HarmonyOS – that can be used on a variety of devices, from smartphones to smart speakers and sensors. For its part, Huawei said that if in the future the company is unable to use Google’s Android software for its devices, it may «go to HarmonyOS immediately».
Huawei is not the first company to try to create its own software for smartphones sold.
Others, including Samsung and Microsoft, have tried to create their own operating systems to compete with Apple’s Android and iOS. But they all failed because they couldn’t find enough developers to build apps on their platforms..