Business
Huawei reshaping technological paradigm for competitiveness
During MWC Barcelona 2022, Huawei’s Rotating Chairman Guo Ping spoke on the company’s plan to continue its globalization strategy and increase its strategic investment into foundational technologies. Through this investment, Huawei hopes to reshape the fundamental theories, architecture, and software that underpin its industry, increase its mid-to long-term competitiveness, and ensure the longer-term sustainability of the ICT industry.
In the keynote speech he delivered online, titled “Just Look Up, Let’s Light Up the Future,” Guo focused on two major sources of both challenge and opportunity in the world: digitalization and carbon neutrality.
Forecasts show that over 50% of global GDP will be digitalized in 2022. As the global digital economy develops rapidly, the demand for digital products and services has exceeded expectations. Guo explained that as Shannon’s theorem and the von Neumann architecture continue hitting severe bottlenecks, the industry must explore new theories and architectures to reshape the technological paradigm to achieve digital sustainability.
On carbon neutrality, Guo said, “Connectivity density and computing power determine the strength of the digital economy, but it should also maintain long-term vitality. So, we need to consider a new dimension, carbon reduction.”
Huawei currently adheres to a “More Bits, Less Watts” strategy in this area. In addition to improving its fundamental digital capabilities, Huawei has committed to making its products 2.7 times more energy efficient by making breakthroughs in areas like theories, materials, and algorithms. Through advances like these, the ICT industry is able to help other industries reduce their own carbon footprints. In fact, this reduction will be 10 times larger than the carbon footprint of the ICT industry itself.
Guo also said that Huawei is significantly increasing strategic investment into foundational technologies and working with its partners to reshape the technological paradigm in three areas: fundamental theories, architecture, and software. This investment will gradually be reflected in the competitiveness of the company’s products, which they hope will support the long-term and sustainable development of both the company and the ICT industry as a whole.
This investment is also notably focused on helping the company get closer to and maybe exceed Shannon’s Limit. By exploring new theories and technologies, like next-generation MIMO and wireless AI, Huawei is able to push its technologies ever closer to Shannon’s Limit. At the same time, Huawei’s research into new theories like semantic communications will provide the industry with guidance on new fundamental theories.
Huawei is also developing exciting new architectures. Huawei is currently integrating photonic and electronic technologies and design peer-to-peer architectures to solve technological challenges or technique bottlenecks.
In terms of software, Huawei is building AI-centered, full-stack software and a new software ecosystem to meet the drastically rising demand for computing capacity caused by explosive growth of AI.
Guo finally explained that great user experience comes from software-hardware synergies. He used two examples to show how Huawei applies this concept to ICT product development and technological innovation for network evolution. First, optimized algorithms for AHR Turbos are helping MetaAAUs consume less energy and improve performance. Second, algorithm breakthroughs in holographic optics have enabled OXCs to achieve one-hop connections.
Closing out his speech, Guo said, “Huawei will continue its globalization strategy, in standards, talent, supply chain, and more. Huawei is committed to helping customers who choose it to achieve the greatest business success.”
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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