Huawei releases its 2020 Annual Report

 

Huawei reaffirms commitment to creating greater value for customers and society in the face of adversity

 

Huawei released its 2020 Annual Report today. Growth slowed, but the company's business performance was largely in line with forecast. Huawei's sales revenue in 2020 rounded off at approximately US$136.7 billion, up 3.8% year-on-year, and its net profit reached US$9.9 billion, up 3.2% year-on-year.

 

Despite operational difficulties brought about by US sanctions in 2019 and 2020, Huawei has and will continue to invite KPMG to independently and objectively audit our financial statements. The document produced by KPMG is a standard unqualified audit opinion. No matter the circumstances, we will continue to embrace transparency by disclosing operational data to governments, customers, suppliers, employees, and partners.

 

In 2020, Huawei's carrier business continued to ensure the stable operations of more than 1,500 networks across more than 170 countries and regions, which helped support telework, online learning, and online shopping throughout COVID-19 lockdowns. Working together with carriers around the world, the company helped provide a superior connected experience and moved forward with more than 3,000 5G innovation projects in over 20 industries like coal mining, steel production, ports, and manufacturing.

 

Over the past year, Huawei's enterprise business stepped up efforts to develop innovative scenario-based solutions for different industries and create a digital ecosystem that thrives on joint creation and shared success. During the pandemic, Huawei provided technical expertise and solutions that were vital in the fight against the virus. One example is an AI-assisted diagnostic solution based on HUAWEI CLOUD that helped hospitals the world over reduce the burden on their medical infrastructure. Huawei also worked with partners to launch cloud-based online learning platforms for more than 50 million primary and secondary school students.

 

With the rollout of HarmonyOS and the Huawei Mobile Services (HMS) ecosystem, Huawei's consumer business moved forward with its Seamless AI Life strategy ("1 + 8 + N") to provide consumers with an intelligent experience across all devices and scenarios, focusing on smart office, fitness & health, smart home, easy travel, and entertainment.

 

"Over the past year we've held strong in the face of adversity," said Ken Hu, Huawei's Rotating Chairman. "We've kept innovating to create value for our customers, to help fight the pandemic, and to support both economic recovery and social progress around the world. We also took this opportunity to further enhance our operations, leading to a performance that was largely in line with forecast.

 

"We will continue to work closely with our customers and partners to support social progress, economic growth, and sustainable development."

 

All financial statements in the 2020 Annual Report were independently audited by KPMG, an international Big Four accounting firm. To download the 2020 Annual Report, visit https://www.huawei.com/en/annual-report/2020

ACCA empowering women in finance globally

ACCA (the Association of Chartered Certified Accountants) publishes inspiring personal journeys of several women in finance from around the world in the new ‘Leading Inclusion: Simple Steps and Significant Leaps’ report.

 

Detailing a unique mix of experiences from ACCA’s members and future members, this latest report highlights the opportunities and obstacles they have faced in their pursuit of success. The individual stories shared highlight career milestones and offer food for thought with reflections on a range of topics from balancing family life to job promotions. Given the real threat of inequality in the profession, the stories from these women provide much needed career motivation to aspiring finance professionals everywhere.

 

The report specially highlights the distinctive views of a professional around the world from Abu Dhabi to Zambia.  Each story shares personal reflections on topics from moving away from home and finding a mentor in the workplace to seeing the bigger picture around accountancy and finance.

 

Helen Brand OBE, chief executive of ACCA said: ‘The stories shared in this report provide inspiration for any finance professional looking to succeed, as the accounts encourage those already in the profession and help them be alive to the opportunities around them. No one is immune to struggles but through sharing experiences we can all learn from each other and approach circumstances more confidently. The pandemic has intensified the challenges that many people face with inequalities seemingly intensifying. So this is the time to tell our own stories, learn lessons from each other and all play our role in building a fairer profession for all.’

 

Report author, Clive Webb, ACCA head of business management said: ‘ACCA has had inclusion and access to all as a core value since it’s foundation in 1904. The Leading Inclusion: Simple Steps and Significant Leaps report discusses the relevance of this agenda to accountancy and finance professionals. Through presenting several stories from ACCA’s women members and future members from around the world, people see that what may, at times, seem unachievable can in fact be attained. This compilation of stories is truly a global testament to this.’

 

The women profiled and their headline stories are:

• Sombo Chunda – The girl who crossed the stream – Zambia but now residing in the US
• Rachael Agen Tegwi – Never stop dreaming - Cameroon
• Ta Thi Thuy Hang – The love of numbers – Vietnam
• Siti Fatimah – The one who always gives the answers – Malaysia
• Janice Wong – ‘I prefer creating money’ – HK SAR of China but worked in mainland China
• Dawn Williams – ‘Giving students work experience’ - Barbados
• Anastasia Chalkidou – ‘I’m wearing all my previous hats’ - Greece but worked in Belgium
• Eriona Bajrakurtaj – ‘My dream was to be a businesswoman’ - UK
• Geeta Degaonkar – ‘Don’t have a glass ceiling in your mind’ - India
• Looi Pui Mun – ‘It’s dangerous out there’ – Malaysia
• Christina Christoforou – ‘Not being pigeonholed’ - UK
• Ayesha Al Zaabi – ‘Accountants are funny!’ – Abu Dhabi

 

To read the full report, visit here: https://www.accaglobal.com/gb/en/professional-insights/global-profession/leading-inclusion-ssandsl.html

 

HUAWEI Y7a with 48MP camera, also offers ‘FREE’ head-phones & speakers

 

The global technology leader - Huawei is celebrating ‘Pakistan Resolution Day’ with a special gift-offer with one of its bestselling midrange device - HUAWEI Y7a. A set of HUAWEI speakers and bluetooth headphones is being gifted absolutely free to every customer who purchases this revolutionary smartphone from the company’s dealer’s network all over Pakistan. This offer is valid from 23^rd March till 31^st March 2021.

 

The Y7a device boasts a powerful 48MP A.I. camera, along with 4GB of RAM + 128GB internal Memory (ROM), energized by a robust 5000mAh battery that is enriched with the fastest 22.5W SuperCharge feature, A.I. power-saving technology and endurance for up to 23 hours of video-playback. This innovative device is renowned for its feature-rich performance to meet the multi-tasking needs of the younger customers, while enabling global interactions and managing the busiest lifestyles.

 

Its smart-camera enables the young photography enthusiasts to capture life’s most memorable moments with unmatched clarity and ease. It is the ideal digital companion to enhance the user’s outreach and access, to keep them engaged in exciting info-tainment from around the world. One can connect globally to express and share creativity through social media, the latest applications and much more.   

 

The phone’s captivating 6.67-inch Full HD display, offers an immersive viewing experience for thrilling gameplay and video playback. Plus, the side-mounted fingerprint power button promises complete security with convenient access, while its 3D Ergonomic design offers a firm and comfortable grip.

 

Running on the latest version of EMUI, this device has easy-to-use features that make life easier for everyone. HUAWEI Y7a comes pre-installed with AppGallery, containing a vast treasure of global and local apps for unmatched productivity. Its rich library of quality entertainment media on HUAWEI Video, HUAWEI Music and HUAWEI Reader, promises access to the latest content from top-providers, as it is being continuously added to these platforms. Users can also download and install ‘Petal Search’ - a gateway to more than a million apps and games.

 

In Pakistan, Huawei Y7a is available in three natural color variants: Midnight Black, Blush Gold and Crush Green, at a very attractive price of PKR 35,999/-, to promise great value for money.  For more information, please visit: https://consumer.huawei.com/pk/phones/y7a/

Infinix fans can now avail 12 GB free Zong 4G data on purchase of new smartphone

Infinix, the most premium smartphone brand in Pakistan,  has joined hands with Pakistan’s Largest Data Network, Zong 4G, to bring exciting Data Bundle offers for Infinix users in the country. In addition to this, Infinix and Zong customers will also get to enjoy 12GB free internet for 6 consecutive months with the purchase of any Infinix mobile phone – thereby giving the best 4G experience on the most innovative Infinix smartphones.

 

To avail of this exciting offer of 12 GB free 4G data for 6 months, customers who buy any Infinix phone can insert a Zong sim to activate the phone by just dialling *4114# to subscribe to the offer.

 

Talking about this partnership, CEO Infinix Pakistan –Joe Hu, added, “A growing number of Pakistani smartphone users are loving Infinix products. The partnership between Infinix and Zong is truly a remarkable development. As we join hands with Zong, we aim to introduce innovative products and services to improve the overall experience for people.”

 

Commenting on the partnership, Mr Wang Hua, Chairman & CEO Zong 4G said: “Being the largest network of Pakistan, we are at the forefront of developing the digital ecosystem in the country. In our pursuit of excellence, we are leading the digital innovation in the industry with our state-of-the-art services and solutions. This collaboration with Infinix will further our ambition of penetration of mobile connectivity in the masses and offer them seamless connectivity to enjoy the unmatched digital experience.”

 

Infinix has managed to achieve significant milestones by coming out as the leading smartphone brand in Pakistan. With constant evolution and adaption to the consumers’ needs, Infinix fulfils far beyond the expectations of the buyers with its trendy and power-packed devices and continues to bring exciting discounts for its consumers too.

ACCA, IFMP agree MoU, to promote investor awareness & financial literacy

A memorandum of understanding (MoU) has been signed between ACCA (the Association of Chartered Certified Accountants) and the Institute of Financial Markets of Pakistan (IFMP). Both the organisations have decided to work together to promote investor awareness and financial literacy among students, professionals and small businesses.  

 

Speaking at the signing ceremony in Karachi, head of ACCA Pakistan, Sajjeed Aslam, shared:

 

‘Financial literacy is crucial for the sustainable growth of capital markets ecosystem. The limited levels of financial literacy and investor education, especially among SMEs and young entrepreneurs in Pakistan, is a significant factor in the equally low levels of successful access to external finance and absence of long-term financial planning.’

 

‘As part of our commitment to the community, we’re happy to be joining forces with IFMP to promote knowledge about the financial system, educate small businesses about different options to access finance and encourage their participation in retail financial markets, and help SMEs to scale up leveraging effective financial planning.’, he added.

 

Sharing the details of the MoU, Mobashar Sadik, CEO, IFMP, said:

 

‘IFMP in partnership with ACCA intends to promote the cause of financial education, not just for typical investors but also for the middle-income households. The rising complexity of financial markets means consumers have to choose between a variety of complex financial instruments for borrowing and saving. Individuals, when become financially educated, are more likely to save and to challenge financial service providers to develop products that truly respond to their needs, and that would have positive effects on both investment levels and economic growth. We are sure that this partnership will help us achieve this goal of empowering public through financial knowledge.’

ACCA has been actively supporting the financial literacy agenda in the country. Collaboration with Akhuwat to support micro-entrepreneurs with their cash flow management during the current pandemic, partnership with Jamapunji for financial literacy and investor education roadshows across Pakistan, promotion of gamified digital learning with NIBAF, joint session with State Bank on access to capital, and cooperation with Kamayi to deliver free-of-cost professional advice to small businesses are some of the recent examples of ACCA leading the financial literacy agenda in Pakistan. 

Celebrate Pakistan Day with HUAWEI Petal Search

Petal search, as the name implies is a search widget, designed by HUAWEI to help you in locating your favorite apps and performing searches. The search widget can be dragged and dropped to your Huawei phone’s home screen or be installed on other android device through installing HUAWEI AppGallery. It is an efficient way to stay updated with the daily news, weather forecast, prayer timings, live sport scores and schedules along with much more. What makes this widget truly intelligent is the capabilities it offers to the end user like news, images, shopping, videos, and music searches – and now, a facility to celebrate Pakistan Day.

 

What does Petal Search Offer?

While petal search is relatively new in Pakistan, it is safe to say that one should not undermine the potential it has to offer. Firstly, you can benefit from the “for you” page, a personalized and customizable display of all that which is relevant to you. You can manage your interests and share content of your liking. On special occasions, such as Yaum-e-Pakistan, discover content that showcases the relevance of Pakistan Day, 23rd March. Read about how it came to be, the events that preceded it and how it all unfolded via Wikipedia quick search results using Petal search. Moreover, enjoy documentaries and music that is relevant to Pakistan resolution day with just a click, all sorted and arrange for you.

 

Secondly, you can use the search features to explore apps, news, in apps, images, videos, hotels, shopping, flights and more, “all” at once. Moreover, you can modify your tool box to show weather, specific time zones, timers and stopwatch, calendar, prayer timings, calculators, unit conversions, translations and more. The petal search widget is easily visible, located on the main screen, allowing you quick and easy access to open concerned tools directly. Petal search also mentions top app recommendation, allowing you to stay updated with the top apps frequently, and providing easy access with one touch download.

 

Thirdly, enjoy enhanced connectivity. You can access Petal search within HUAWEI browser, and install petal search in your device if it isn’t available already. Another way of downloading the petal search widget is through HUAWEI AppGallery. You can also use this widget to keep your apps updated, installing this widget will ensure that your apps remain secured and updated.

 

Availability of Petal Search

Currently, the search tool lists apps from multiple sources - always listing the source origin. Huawei’s AppGallery is completely integrated into the widget and any apps already available in the AppGallery will appear at the top of any search in the new tool.

 

Created in partnership with global search engine leaders, the Petal Search Widget – Find Apps brings together the best in hardware-based security and safety technologies, combined with the unparalleled privacy standards set by these leading privacy-by-design search engines, to ensure the highest standards of data privacy and security for Huawei users.

 

The Petal Search Widget – Find Apps currently supports more than 40 languages and is available in 45 countries and regions, with plans for wider rollout to even more countries in the future. It is now available to download from the AppGallery by simply searching for Petal Search – Find Apps. Discover more here.

Experience Top Apps, and Get Cash Backs – The trick behind getting Huawei Gifts from HUAWEI AppGallery!

More often than not you might stumble upon an offer that is too good to refuse. It could be a prize upon entering, trying out your luck, getting cash backs or even something big like USD 5000/- or free Huawei phones. If you’ve come across such an offer on HUAWEI AppGallery, you are in luck! You can not only make the most out of the campaigns that are available for a limited time only, but you can also come out victorious by simply participating and reading the rules. The mechanism behind is fairly simple, and easy to abide by – and by following some simple set of instructions you can experience your favorite apps and get Huawei gifts by doing just that!

 

Firstly, you need to open HUAWEI AppGallery and check out the main page for any running campaigns, or any upcoming events. You can also keep an eye out for great discount deals, and offers in close proximity to any event, such as women’s day, Ramadan, Eid, Easter, Christmas and more! Once you come across the offer, be sure to read the instructions and rules to get a fair chance at winning or claiming the prize – it is that simple. Here are some campaigns and app promotions you can expect:

 

2021 Ramadan Gift Festival - Pakistan

Who doesn’t enjoy celebrating the Holy Month of Ramadan with their friends and family? And what better way to showcase that love than by winning gifts for them. Usually around Ramadan, HUAWEI AppGallery has a big festival to give amazing cashbacks, daily login rewards, share and win prizes, and lucky draw winning chances upon topping up. The prizes are limited, but the possibilities are not. Simply download the selected apps, and follow the rules and instructions stated.

 

2021 Bigo Huawei Ramadan Gala - Pakistan

Next up in line is the favorite app for live streaming and watching videos, plethora of options within one app – Bigo Live. While the app is interesting enough on its own, you can also expect a Bigo themed campaign along the lines. What’s more is, you can expect to win Huawei phones through HUAWEI AppGallery with Bigo Huawei Ramadan Gala through In- App purchases. Not only win Huawei gifts, but also support your favorite influencers to win Huawei phones! And, get amazing bigo virtual gifts for simply participating. Stay tuned for more information.

 

With over 120,000 applications available across all categories, HUAWEI AppGallery, the third-largest global app distribution platform from Huawei, offers a wide range of diverse apps and enables the users to use these applications seamlessly with strict protection of their privacy and security. In fact, HUAWEI AppGallery deploys the highest level of verification to isolate and protect users’ sensitive data and privacy. Personally-sensitive information will never be processed outside the Huawei device, giving the user complete control over their personal data[1]. Moreover, thanks to Huawei EMUI services included on Huawei smartphones, users have complete control over apps user permission.

 

Popular messaging apps such as Botim, imo, and Moya are fully usable within the Huawei Mobile Service thereby enabling smooth and enhanced user experiences. This highlights Huawei’s commitment to continually develop its app portfolio to provide users with innovative and high-quality apps that meet their needs and enhance the overall user experience.

 

 

Another exciting development is that Huawei Pakistan has now appointed ‘Yellostone Technologies’ as the official channel partner for Huawei smartphones, smart devices and smart ecosystems. Yellostone is among the most resourceful enterprises, with a nationwide network and experience in distribution of devices and technologies, in which it has achieved great expertise and outreach for digital marketing of high quality products.

---

[1] The Huawei device global privacy compliance framework complies with Generally Accepted Privacy Principle (GAPPs) released by the AICPA/CICA, the European General Data Protection Regulations (GDPR), as well as local laws and regulations around the world. Since the ISO/IEC27001 and CSA Star security certification obtained in 2015 and ISO /IEC 27018 privacy standard certification received in October 2019, HMS was one of the first to pass the ISO/IEC 27701 certification issued by British Standards Institution (BSI), making it a leader in security management, transparency and privacy compliance for personal data.