Middle East: Catherine Chen, Corporate Senior Vice President and BOD Member at Huawei, has underscored how building trust in a digital society will require the joint efforts of policymakers, regulators, and the private sector.

Her comments came during a speech at the St. Gallen Symposium, an annual gathering of current and future leaders from across the globe. The annual gathering of current and future leaders celebrated its 50th anniversary this year, welcoming 1,000 participants in the three-day cross-generational dialogue. Chen joined political leaders and representatives of transnational organizations to exchange their views on the theme of this year's symposium, "Trust Matters".

"As more devices feature connectivity, more services go online, and more critical infrastructures rely on real-time data exchanges, so must governments worldwide ensure that everyone is protected by the highest security standards. Only a common set of rules can guarantee a level of security that creates trust in technology," Chen said.

The event's participants agreed that trust is inherently built on openness and transparency, and that it is time to take concrete, actionable steps to address the common challenges and risks that have emerged in the wake of the COVID-19 pandemic.

"We, as members of the younger generation, are connected to a greater number of people through social media, but this does not correspond to a circle of people we can trust," said Simon Zulliger, a member of the team of 35 students from the University of St. Gallen that organized this year's symposium.

Chen hoped that the next generation of leaders would build trust and shape a world of pervasive connectivity. "I urge them to continue developing the positive relationships between communities, individuals, and their environments. We must build strong trust in technology, enabled by a common set of rules, innovations, and progress. Only then can we commit to the sustainable and trustworthy use of technology," she concluded.

Chen’s comments echo the company’s recent reaffirmation and commitment to supporting digital transformation across the Middle East by building stronger cybersecurity mitigation programs with local partners and governments. 

That commitment comes at a time when the overall spending on information and communication technology (ICT) in the Middle East, Turkey, and Africa region is expected to make a comeback, returning to positive growth of over USD209.5 billion in 2021 after contracting last year, according to projections from IDC1.

-Ends- 

About Huawei

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 197,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world.

Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they're at home, in the office, or on the go.

For more information, please visit Huawei online at www.huawei.com  or follow us on:
http://www.linkedin.com/company/Huawei
http://www.twitter.com/Huawei
http://www.facebook.com/Huawei
http://www.google.com/+Huawei
http://www.youtube.com/Huawei 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.