Lessons from Failure: Stories of Resilience from Corporate Leaders Corporate Cultures
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
April 27, 2021: -Huawei is boosts its software areas such as cloud computing and intelligent cars as U.S. sanctions affect its hardware business.
Last week, a brand under automaker, BAIC Group, Arcfox launched a car with Huawei’s vehicle technology, including a cockpit, kitted out with HarmonyOS, the operating system Huawei launched in 2019, and autonomous driving capabilities. Huawei will not be making cards and will instead focus on the technology that powers them.
On Sunday, Huawei launched new cloud computing products to challenge China’s market leader, Alibaba.
On Sunday, Huawei said in a press release that it hopes the focus on the cloud will “eventually raise the proportion our software and service business has in our total revenue mix.”
The software comes after U.S. sanctions on Huawei have resulted in smartphone sales push. The Chinese giant was on a blacklist known as the Entity List in 2019, restricting its access to the technology
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