Huawei's Automotive BU Business Strategy Adjustment

Huawei's Automotive BU has recently made strategic adjustments to distinguish between core and non-core businesses. Technology-leading businesses such as smart driving and cockpits will remain unchanged, while non-core businesses without competitive advantages will be strategically reduced. Huawei's Automotive BU's revenue in the first half of the year was only 1 billion yuan, accounting for 0.3% of total revenue.