东兴证券：东兴晨报-20241121

Core Insights - Huawei's Euler operating system has evolved into a key player in the domestic server operating system market, achieving significant growth in installed capacity and maintaining the largest market share in 2023 [2][12] - The openEuler community has attracted over 20,000 contributors globally, with downloads spanning 152 countries and 1,973 cities, showcasing its extensive reach and collaborative innovation [2][12] - The integration of openEuler with AI technologies is a focal point, highlighted by its participation in the OSSUMMIT EU 2024, where discussions on the intersection of open-source operating systems and AI will take place [2][12] Summary by Questions Q1: Development of Huawei Euler - Huawei Euler originated from internal R&D and has transitioned through various stages, including commercial deployment of cloud products and the establishment of the openEuler open-source community, solidifying its position in the market [2][12] Q2: Features and Advantages of Huawei Euler - The system supports multiple mainstream computing architectures and covers all major application scenarios, ensuring versatility across various fields [2][12] - The openEuler community's global integration fosters innovation and collaboration, enhancing the system's capabilities [2][12] - Key enhancements include improved security, customizable integration, and long-term support [2][12] Q3: Latest Highlights of Huawei Euler - The acceleration of openEuler's integration with AI technologies is a significant development, with new products being introduced at major global events [2][12] Q4: Relationship Between Huawei Euler and HarmonyOS - Both systems share capabilities and ecosystems, aiming to create a comprehensive operating system platform that simplifies interconnectivity and promotes cross-domain innovation [3][13] Q5: Impact of Huawei Euler's Growth on Industry Ecosystem - The rise of Huawei Euler is expected to benefit upstream technology providers and downstream software developers, cloud service providers, and security solution providers [3][13] - The discontinuation of CentOS has led to increased migration interest towards Euler, ranking fourth in user migration surveys in 2023 [3][13] - Government policies continue to support the development of the domestic innovation industry, creating a favorable environment for server operating systems as a strategic core software [3][13] - The domestic operating system market has significant potential for growth due to its relatively low current adoption rates [3][13]