Looking to the future, 5G development and the digitalization of thousands of industries will bring many new opportunities and challenges. Helping carriers seize these opportunities and achieve continuous business success is our common mission. The key to avoid competing in a commodity market is to build differentiated capabilities in terms of network, services as well as the ecosystem for applications & terminals. Another critical element is to develop diverse business models to monetize these capabilities.
Based on the current situation, the transformation from the consumer Internet to the industrial Internet is accelerating. Digital transformation across many industries is already underway. Time waits for no one. It is time to plan the future-oriented target network now.
Huawei will hold the Better World Summit on September 17-18, 2020. At this event global carriers, partners, media, and analysts will share their insights and discuss the future-oriented network and developing a long-term network strategy. We sincerely invite you to attend this summit and join our discussion on the digital future.