Core Insights - Huawei Cloud is at a critical juncture requiring a reassessment of its direction and pace due to recent turmoil, including executive demotions and slowing revenue growth [1][2] - The competitive landscape in the public cloud sector has shifted, with Huawei Cloud lagging behind players like Alibaba Cloud and Volcano Engine, which have stronger ties to the internet ecosystem [1][2] - Huawei Cloud's projected revenue for 2024 is 38.523 billion yuan, reflecting only an 8.5% year-on-year growth, while Alibaba Cloud anticipates 118 billion yuan in revenue for the 2025 fiscal year, marking an 11% increase [1] Group 1: Recent Developments - Huawei Cloud has faced significant challenges over the past six months, including a model controversy and organizational restructuring that affected over a thousand employees [4][5] - The controversy surrounding the Pangu model, which was found to have similarities to Alibaba's model, led to a strategic retreat from certain model-related business areas [5][6] - Internal governance has been strengthened, with multiple executives facing severe penalties for issues related to data fraud and economic misconduct [7][8] Group 2: Structural Challenges - Huawei Cloud has struggled to establish core competencies suitable for public cloud competition, lacking a user-centric organizational mechanism and sustainable ecosystem operations [2][11] - The company's engineering-driven culture and planning-oriented approach hinder its ability to respond quickly to market demands, particularly in the fast-paced AI landscape [10][11] - Huawei Cloud's historical focus on IaaS resources has limited its performance in PaaS and SaaS layers, making it less competitive against agile internet-native players [9][10] Group 3: Strategic Opportunities - The current predicament may provide Huawei Cloud with a strategic opportunity to pivot away from public cloud competition and focus on areas like chips, where it has a stronger foundation [3][17] - Huawei's market share in China's AI chip sector has reached 23%, positioning it as a significant player behind NVIDIA, which presents a chance to build a robust AI computing barrier [17][18] - Shifting resources from public cloud to chip development could redefine Huawei's market role and align with its engineering strengths, potentially leading to more sustainable growth [3][17][18]
放弃华为云，全力押注芯片，才是华为最现实的选择
3 6 Ke·2025-11-14 03:33