Global Courant
Huawei Technologies Chief Financial Officer Meng Wanzhou reacts as she leaves her home to attend a court hearing in Vancouver, Canada, August 10, 2021.
Jennifer Gauthier | Reuters
SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said on Wednesday that adopting 5G technology in business has been more difficult than she expected.
The company first released figures for its cloud computing business in 2022, saying revenue for the unit was 45.3 billion Chinese yuan ($6.25 billion) last year.
“If you compare MWC Shanghai and MWC Barcelona (earlier this year), an interesting aspect is that many of the case studies are universal and global,” said Winston Ma, author of “The Digital War: How China’s Tech Power Shapes the Future of AI , Blockchain and Cyberspace.”
Speaking on the sidelines of Shanghai MWC, he said the need for Chinese companies to compete could drive greater adoption of 5G.