Market Cap: $2.2006T 0.50%
Volume(24h): $37.9391B -38.27%
  • Market Cap: $2.2006T 0.50%
  • Volume(24h): $37.9391B -38.27%
  • Fear & Greed Index:
  • Market Cap: $2.2006T 0.50%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

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.

Huawei Records Impressive Strides With Artificial Intelligence (AI) and Its Native Operating System HarmonyOS

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.

Original source:coingeek

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.

Other articles published on Jul 27, 2026