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Huawei reports profits, new highs in R&D

Huawei CFO Meng Wanzhou

March 29, 2022 4:29 p.m.

SHENZHEN, China — Huawei announced during its 2021 Annual Report on March 28 that it achieved CNY636.8 billion in revenue in 2021 and CNY113.7 billion in net profits, an increase of 75.9% year-on-year. The company said overall, the performance was in line with its forecast.

“Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing and we are more capable of dealing with uncertainty,” Meng Wanzhou, Huawei CFO said. 

Due to the enhanced profitability of its major businesses, the company’s cash flow from operating activities dramatically increased in 2021, amounting to CNY59.7 billion.

For business groups, in 2021, Huawei’s carrier business generated CNY281.5 billion in revenue. 

Third-party test results have found that 5G networks built by Huawei for customers in 13 countries, including Switzerland, Germany, Finland, the Netherlands, South Korea, and Saudi Arabia, provided the best user experience.Huawei’s enterprise business generated CNY102.4 billion in revenue during 2021.

Huawei launched 11 scenario-based solutions for key sectors such as government, transportation, finance, energy and manufacturing. 

The company also established multiple dedicated teams, including a Coal Mine Team, a Smart Road Team, and a Customs and Port Team, to combine resources in a way that more efficiently serves the needs of its customers. 

Over 700 cities and 267 Fortune Global 500 companies have chosen Huawei as their digital transformation partner. 

Huawei now works with more than 6,000 service and operation partners around the world.Huawei’s consumer business generated CNY243.4 billion in revenue in 2021 and continued to see steady sales growth in smart wearables, smart screens, true wireless stereo (TWS) earbuds. 

Huawei Rotating Chairman Guo Ping said solving the chip problem is a complicated and long process that requires patience. In the future, chip solution may adopt a multi-core structure to improve chip performance. 

Under pressure, with the company’s R&D expenditure hitting a new high, reached CNY142.7 billion in 2021, representing 22.4% of its total revenue.

This ranked no. 2 of the EU industrial R&D investment scoreboard as 54.8% of Huawei staff worked in R&D. As released on March 28, its total R&D expenditure over the past 10 years amounted to over CNY845 billion, with Huawei saying will continue to invest heavily in research and innovation. 

Huawei Rotating Chairman Guo Ping

Ping said at the event that Huawei’s ability to “survive and thrive” depends on ongoing investment in development. 

“Our fight to survive is not over yet,” Guo said. “No matter what comes our way, we will keep investing. That is the only way forward.”

Jun Zhang, Director of Huawei Asia-Pacific Public Relations Department, said during an interview with the Philippine media, that although US restrictions have had a huge impact on Huawei, its main business in ICT infrastructure has remained stable, while new business segments like digital power and cloud grew rapidly and its ecosystem development efforts have entered the fast lane. 

In the context of accelerating digital transformation, there are strong market demands for innovative digital solutions and high-quality suppliers. 

The Asia Pacific, including the Philippines, is ripe with opportunities for digital transformation, and the pandemic has accelerated it. As 5G rolls out at full scale, connectivity, cloud, AI, computing, and industry applications have all come together to create unprecedented opportunities for the ICT sector. 

Huawei will keep driving digital innovation for an inclusive Asia Pacific and leave no one behind. 
For Huawei, investment not only went to R&D, but also cultivating ICT Talents.Seeds for the Future, Huawei’s global CSR flagship program launched in 2008, seeks to develop local ICT talent, enhance knowledge transfer, help participants better understand the ICT sector, stimulate their interest in it and promote and encourage participation in building a digital community.

Daniel Guo, COO of Huawei Philippines, said Seeds for the Future has been in the Philippines for seven years, with more than 200 students joining the program and some even becoming Huawei staffers after graduating from universities. 

The program used to take two weeks in China and moved online during COVID. This year, the program might go hybrid.

Huawei ICT Academy, another non-profit program globally, serves as a bridge between companies and colleges, helping to build a talent ecosystem for the ICT industry.

Huawei partnered with 60 Philippine universities and established ICT academies, with over 9,000 students joining the program. By the end of 2021, Huawei had presented over 550,000 certifications worldwide, including over 17,000 Huawei Certified ICT Expert certifications. 

Last year, Huawei also launched its HCIE 100 project in the country, engineers who passed the certifications will be a valuable resource for industry digitalization world.

In the Philippines, Huawei also worked together with five of the top universities for the Huawei Scholarship program, which aims to provide financial assistance to deserving students who are already in their 3rd to 5th year in college. 

Huawei has sponsored 22 scholars as of now.

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Jollibee partners with Natalie Dau’s Project 1000, with run to culminate at brand’s milestone BGC store

5:45 p.m. April 29, 2025

Jollibee is a proud partner of ultramarathon runner and Guinness World Record holder Natalie Dau as she sets another record and travels 1000 km across the Philippines by foot, passing by iconic landmarks, interacting with communities, and doing charity activities along the way.

Project 1000 in the Philippines is Natalie’s second 1000 km ultramarathon, following her successful run throughout Thailand, Malaysia, and Singapore last year. More than just an athletic feat, the project aims to raise awareness and support for various charities dedicated to empowering women and girls, making it not just a test of endurance, but also a run for a cause.

Everyone’s best friend Jollibee joined Natalie as she kicked off the run last April 21 in Santa Ana, Cagayan. Several branches across North Luzon have also served as quick stops for Natalie and her team, who all enjoyed their jolly favorites. On Day 5, the Project 1000 team had a heartwarming stop at Jollibee Narvacan in Ilocos Norte, as students from Ta-yac Elementary School experienced a special Jollibee Kids Party.

“I want you to experience a fun party that only Jollibee can offer. I hope you enjoy all the great food and have a fun day,” Natalie shared with the children during the celebration.

This special Jollibee Kids Party included fun games and a special performance from Jollibee and Hetty, which got Natalie and the kids very excited about. Loot bags and exciting prizes were also given away, bringing ultimate joy to students that participated. 

“We’re delighted to partner with Natalie for Project 1000, as we have always sought to support initiatives that align with our values. This partnership allows us not only to continue bringing joy to underserved communities, but also celebrate resilience and determination, and the power of working together to create a positive impact in the community,” shared Dorothy Dee-Ching, VP-Marketing of Jollibee Philippines.

Over the next few days, Natalie will continue her journey through Zambales and Bulacan, with her final stop being  Jollibee’s 1000th milestone store in Triangle Drive, Bonifacio Global City, Taguig.

Just like Natalie, Jollibee is committed to spreading joy and inspiration to communities across the country. Through this meaningful partnership, every kilometer of Natalie’s run becomes a celebration of resilience, purpose, and joy.

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TCL celebrates 25 years of timeless greatness: Innovation and excellence in every Filipino home

6:47 p.m. April 12, 2025

For 25 years, TCL Electronics has been a part of our lives, bringing innovation into our homes. Now recognized as the new Triple Global Top 1 TV Brand in Mini-LED, Google TV, and Large-Size TVs (85 inches and above), according to OMDIA 2024, they celebrated this incredible journey with the 2025 TCL Grand Launch at Okada Manila’s Grand Ballroom. The theme, “Legendary Moment, Timeless Greatness,” wasn’t just words; it was a feeling of looking back at shared milestones and forward to a future where technology continues to enhance our everyday experiences.

TCL has been a key player in bringing technological progress to Filipino homes, consistently delivering innovations that transform everyday living. From how families enjoy their favorite teleseryes with immersive visuals and crystal-clear sound, to simplifying laundry days with energy-efficient washing machines, and cooling homes amidst the tropical heat with smart air-conditioning systems, TCL’s solutions are designed with real Filipino needs in mind. This legacy of pushing boundaries and redefining home experiences has made more intuitive, efficient, and powerful technologies accessible to a wider range of Filipino families.

Griffith Zhang, General Manager of Asia Pacific Business Group, TCL Industries, opens the program with a compelling speech: “In  the past, TCL has achieved remarkable results in the Philippine market. Our TV and AC sales both hold the number 1 market share in sales volume and have become trusted brands among consumers. The Ref & WM category has also maintained a rapid growth trend, with a constantly expanding market share. These achievements are inseparable from the efforts and support of every partner. Looking ahead, TCL will continue to uphold the principle of ‘Technology Creates A Better Life’, constantly innovate and improve product quality and service levels. We hope to work collectively with all the partners to explore the Philippine market and achieve mutual benefit and win-win results.

Under the visionary leadership of TCL Philippines CEO Peter Chen, the brand is poised to reach new heights as he declared, “Being innovative has always been in TCL’s DNA. For us, innovation is to go beyond our limits and develop cutting-edge, sustainable technologies. For us, being fashionable is to create a diverse sensory experience through the combination of technology and art. Lastly, premium refers to our ongoing exploration of aesthetic philosophy. We believe there’s a power that keeps us going on the path to upgrading TCL’s brand value. Let’s work together, progress together, and prosper together.”

The evening’s centerpiece was a captivating presentation of TCL’s 2025 lineup, unveiling four game-changing innovations poised to revolutionize modern living. These innovations, centered on cooler, cleaner, smarter, and sharper technologies, promise to redefine the consumer experience.

TCL Philippines took the stage to reveal its latest technological breakthroughs. Charlie Huang, Deputy Product Director of Brownline, TCL Philippines, unveiled the brand’s most advanced C682 TV set to be launched soon. Bert Cheung, Deputy Product Director of Air Conditioner, TCL Philippines, introduced groundbreaking climate control solutions through the innovative and award-winning TCL FreshIn 3.0 Air Conditioners.

While Eric Li, Senior Product Manager of Washing Machine and Refrigerator, TCL Philippines, explored the next generation of washing machines through the TCL C20 Front Load Washer and Dryer, emphasizing efficiency and smart technology, followed by a look at TCL’s game-changing newly-introduced Bottom Mounted refrigerator In refrigerators designed to engineered to elevate convenience and efficiency in everyday living.

The Pinnacle of Inspired Greatness 

A significant moment of the evening highlighted TCL’s global partnership with the International Olympic Committee. This collaboration, extending through 2032, underscores TCL’s dedication to innovation and excellence. Built on shared values of performance, passion, and a vision for greatness, this partnership will elevate the Olympic and Paralympic Games to new heights. TCL enhances the Olympic Games by delivering cutting-edge technology to the Olympic Village and improving the global fan experience.

TCL Philippines Deputy Marketing Director of Marketing Shae Yu shared more about this extraordinary journey, “Being a global technology leader, TCL believes in the power to ‘Inspire Greatness,’ a sentiment echoed by the Olympic spirit. Through this partnership, TCL’s innovations will ignite inspiration in billions, delivering exceptional experiences and contributing to a sustainable future. TCL is committed to fulfilling its corporate social responsibility and fostering a better world.”

She continues, “Being a worldwide Olympic partner is more than just a badge of honor—it’s a declaration. This partnership allows us to bring the spirit of the Games directly into people’s lives. It’s not just about gadgets—it’s about experiences. And of course, we’re doing all this while keeping things sleek, smart, and sustainable. So, whether you’re an athlete chasing gold or just chasing your toddler around the house—we’ve got your back.”

With this, Yu welcomed onstage a special guest of honor, none other than Filipino pole vaulter EJ Obiena. He is ranked as world No. 4 in men’s pole vault by the World Athletics Rankings. He currently holds the Asian record with his clearance of 6.00 meters at the 2023 World Athletics Championships, where he won the silver medal. EJ excitedly shared his appreciation for being part of the momentous occasion and his excitement for the partnership.

“I think the partnership is great – it’s about chasing greatness, constant improvement, and perfection. Just as TCL constantly innovates to enhance our lives through their products, we athletes approach training with the same mindset: What can I do today that will lead to better performance?” EJ shared.

intuitive for everyday life.”

Moving Forward to More Greater Years

TCL’s 25-year success story is a testament to its strong leadership, which has driven growth and built key partnerships. To commemorate this milestone, Cyd Montebon, Deputy Director of Sales, and Wesley Yang, Deputy Director of Retail, led the team in a celebratory toast.

Montebon, brimming with excitement, exclaimed: To our cherished partners, our forward-thinking visionaries, and to all who have walked this incredible path with us—thank you. Thank you for your faith and support and for being part of this historic occasion.”

“TCL is a promise to innovate, connect, and redefine. And after tonight, it’s evident that the best is yet to come,” Yang stated as he raised his champagne glass.

As TCL commemorates its 25th anniversary, the brand embarks on a new journey, transforming Filipino homes with its signature blend of innovation and excellence. Rooted in a legacy of cutting-edge technology, TCL continues to enhance everyday living, empowering Filipino consumers with stylish, functional, and smart products. This milestone is a moment to celebrate the past and embrace a future where TCL remains dedicated to envisioning and shaping the homes of tomorrow for all Filipinos.

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Over 400,000 QC residents get aid from Atayde’s Aksyon Agad program

6:11 p.m. March 26, 2025

More than 400,000 residents in Quezon City’s first district directly benefitted from the various initiatives of Rep. Juan Carlos “Arjo” Atayde since 2022.

In his State of the District Address (SODA ), Atayde reported that his Aksyon Agad program helped address the needs of his constituents as it covers employment, education, health, youth development, disaster response, and infrastructure.

“Sa ilalim ng Aksyon Agad, naisakatuparan natin ang mga programang may direktang epekto sa pang-araw-araw na buhay ng ating mga mamamayan,” he said in his SODA delivered Monday at SM City North Edsa’s Skydome.

The lawmaker said that in his three years in office, his Aksyon Agad program extended aid to 11,498 individuals who were given employment via the TUPAD program; 1,500 applicants who were able to secure overseas jobs through the Taiwan Job Fair; 1,100 residents who trained under TESDA and other livelihood initiatives; 245 small entrepreneurs who received a ₱15,000-capital via the Sustainable Livelihood Program; 60 patients per day who received free treatment at the dialysis facility of Quezon City’s first district which opened in October 2024; 75,466 individuals who needed medical assistance; 4,598 students who received CHEd educational aid to continue their education; 929 senior high school students who received a total of ₱2,817,000.00 in cash allowance under the Tulong Eskwela Program; 1,410 scholars who received support under Tulong Dunong and SMART; 132,567 families via the Rice Distribution Program; 65,300 residents who were provided free meals through Kusina on Wheels; 64,000 families through the Pamaskong Handog initiative during the holiday season; 7,789 families affected by various fire incidents; 3,501 families who received burial assistance; and 40,684 individuals who were given financial help for various needs.

Atayde emphasized that what he has accomplished since 2022 was the fulfillment of his promise that “for every peso the government allocates for our district, we make sure nothing goes to waste.”

“Lahat ay napupunta sa programang direktang makakatulong sa inyo,” he said.
“Public service is not about grand gestures or sweet words—ito ay ang mabilis, epektibo, at tunay na pagtugon sa pangangailangan ng tao… Projects or numbers are not at the core of Aksyon Agad, kundi ang bawat taong natulungan at bawat pamilyang naiangat,” he also said.

SPORTS DEVELOPMENT CHAMPION

The young legislator also pointed out the important role of sports development as he revealed that the Aksyon Agad Sports Program supported 987 young athletes, while the Inter-Barangay Youth Program and Council League that was launched during his first term was expanded to foster unity and discipline.

“Next year, the program will expand to include badminton, chess, darts, and bowling—giving more residents the opportunity to participate and strengthen community ties,” said Atayde.
Atayde closed his SODA by thanking his wife, Maine, and his family for their unwavering support. He also extended his gratitude to his constituents, and vowed that he would never take their trust for granted.

“Wala po ako rito kung hindi dahil sa inyong tiwala—isang tiwalang hindi ko kailanman ipagwawalang-bahala. Sa bawat araw na lumilipas, patuloy kong pinagsisikapan na patunayan na karapat-dapat ako sa pagkakataong ibinigay ninyo sa akin… Maraming, maraming salamat, Distrito Uno! Thank you for believing in me; I won’t let you down.”

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