|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Huawei Records Impressive Strides With Artificial Intelligence (AI) and Its Native Operating System HarmonyOS
Jun 30, 2024 at 01:00 pm
Chinese-based technology company Huawei says it has recorded impressive strides with artificial intelligence (AI) and its native operating system despite a raft of headwinds slowing its momentum.

Chinese technology company Huawei has recorded impressive strides with artificial intelligence (AI) and its native operating system despite a raft of headwinds slowing its momentum.
The company confirmed that its technological innovations have helped it close the distance between itself and U.S.-based firms, said Richard Yu, chairman of the firm’s Consumer Business Group, at Huawei’s innovation during his keynote address at a developer conference in Dongguan.
Yu pointed to the company’s wins with its Harmony operating system after ditching Android in 2019 due to U.S. trade restrictions. Since then, HarmonyOS has risen steadily to 900 million devices in less than five years, surpassing Apple’s (NASDAQ: AAPL) iOS to occupy second place in Mainland China.
Android occupies first place with well over 50% of the market share, but Yu argues that Huawei is on course to snag a portion of the pie in the coming months. The Chinese-based company made a strong statement of intent following the Mate 60 mobile phone launch, a move that jolted sales by 68% since the start of the year.
The operating system has indicated full support of the digital yuan, China’s attempt at a central bank digital currency (CBDC). A report from early 2024 hints at utilities for Internet of Things (IoT) transactions, AI-based instant payment models, and support for smart contracts.
“Harmony has made major breakthroughs,” said Yu. “You can say in 10 years we’ve achieved what it took our European and American counterparts more than 30 years to do, in terms of building the core technology of an independent operating system.”
With AI, Huawei’s artificial intelligence infrastructure Ascend has moved to second place in the Chinese market and has a reputation for being “the most powerful” model in China.
Only Nvidia (NASDAQ: NVDA) ranks ahead of Ascend, but existing trade restrictions could cause enterprises to ditch U.S.-based companies for local alternatives.
The company’s innovations have earned it a seat at China’s blockchain committee, tasked with shaping industry standards for the emerging technology.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.

































