[Dalian, China, September 15, 2011]: Huawei today called for a major increase in Information and communications technologies (ICT) , especially broadband investment in emerging markets to keep pace with the rapid rate of economic and social development and to avoid missing growth opportunities. Speaking at the World Economic Forum’s Annual Meeting of the New Champions 2011 in Dalian, Huawei Deputy Chairman, Ken Hu, said innovative ICT infrastructure is critical to the future development of emerging markets and a pre-requisite for tapping the increasing innovation potential of the developing world, it’s also an enabler in improving the efficiency of other infrastructure, including energy, healthcare and transportation.
“The unique characteristics of emerging markets are inspiring innovation, but there is an urgent need for more ICT infrastructure to lay the foundation to realize this innovation potential, from the access to transportation of the information” Mr. Hu said. “The large and younger population base, cost-conscious consumers and sparsely populated rural areas of these markets are challenging the industry to develop tailored, cost-effective and sustainable solutions, as well as innovative business model, such as Private Public Partnership, to meet local needs.”
Huawei’s solutions are connecting rural communities to city markets where they can sell their goods at competitive prices, creating opportunities to provide a large population who do not have bank accounts in Africa with vital financial services through mobile phones, and powering new opportunities for energy sustainability through the use of smart grid technologies. Most recently, Huawei has partnered with governments and mobile service providers in emerging markets to kick-start deployment of high speed fixed and mobile broadband that will leapfrog current available services using the latest technologies to deliver tangible benefits to local communities.
“ICT innovation in emerging markets is changing the way people communicate, the way businesses operate, and the way countries develop. Our experience in ICT development and innovation in emerging markets not only allows us to play an active role in improving living standards and propelling economic development, it also results in world-class innovation that we are now sharing with advanced markets.”
Space and energy-saving mobile base station capabilities that were initially developed by Huawei for emerging markets, such as India, South Africa and Ghana and have subsequently been incorporated into solutions deployed in developed markets including Germany and Italy.