Huawei has been credited several times with the intention to enter the automotive market. Given the company’s popularity in its home market, Huawei could well have done this, for example, in collaboration with some local auto giant.
However, vice chairman of Huawei Xu Zhijun (Xu Zhijun) said that the company is not going to produce cars. Instead, she will develop technologies that will find application in smart cars.
At the same time, Huawei really had plans to build its own car just a year ago, so rumors were justified. However, she decided that the market was overloaded, so she revised her plans.
Moreover, cars will become more “smarter” every year, that is, require more and more specialized electronics. And here, Huawei may well occupy its own niche, especially considering its development in the segment of artificial intelligence.