From March 28 to 31, the Boao Forum for Asia (BFA) Annual Conference 2023 brought together representatives from various countries’ political, business, and academic circles in Boao, Hainan, to discuss global development and promote international solidarity and cooperation. As a strategic partner for the event, vivo was again selected as a key representative of China’s technology innovation enterprises. Vivo and the BFA deepened their cooperation by selecting the vivo X Fold2 as the official mobile phone of the Forum.
Advocating for differentiated innovation in the mobile phone industry, vivo presents its “high-quality development” journey
The opening ceremony of the conference saw the presence of Hu Baishan, Executive Vice President & COO at Vivo, who was invited to share his views on “high-quality development”. He said that high-quality development means upholding a long-term development strategy, which requires enterprises to focus on user needs, adopt differentiated product strategies, and define new markets. Hu summed up vivo’s logic of differentiation into three points: differentiate in the scenarios that users need it most, pay attention to building capabilities and continuously improve vivo’s strengths in the long-term strategic tracks of design, imaging, system, and performance, and establish world-leading capabilities after differentiation, with core competencies as the economic moat of the company.
Taking its differentiation strategy as the starting point, vivo focuses on its four long-term strategic tracks of design, imaging, system, and performance. As a forward-looking company, vivo fully invests in the research and development of core technology in the smartphone industry and actively embraces the opportunity of technological change. In 2022, vivo continued to be the best-selling smartphone in China with a market share of 19.2%, according to Counterpoint Research. Its high-end market performance is also improving. The vivo X80 series, X90 series have all been recognized by high-end consumers.
During the forum, Hu met with Li Baodong, Secretary General of the BFA, and presented the official mobile phone of the event, the vivo X Fold2. Hu outlined his vision for a deepened strategic cooperation with the Forum and expressed vivo’s eagerness to continue to support, serve, and stay engaged in the Forum so as to showcase the innovation, leadership, and influence of Chinese technology companies on such a global platform.
Adhering to user orientation, vivo demonstrates its data security achievements on the world stage
In the era of comprehensive digital transformation, the digital economy, and data security have gained greater importance. On March 31, the sub-forum on the theme of “Strengthening Data Security” invited Lu Jinghui, Chief Security Officer at Vivo, to share his insights on data security and technological innovation strengths, which currently concern high-end consumers the most. During the event, he introduced vivo’s protection and governance of data security and its technical achievements in developing the digital economy and showcased how vivo actively promotes the construction of data security ecology for the mobile phone industry.
With its adherence to a long-term development strategy, vivo has made significant breakthroughs in information security. Last year, vivo unveiled the Thousand Mirror trust engine as the first in the industry to leverage based Thousand Mirror security architecture. This engine is able to conduct a comprehensive analysis and computation on all levels. It provides security tools for developers such as “Privacy and Compliance Testing Platform,” “Application Security Testing Platform”, and “Code Security Scanning Plug-in”. vivo also actively participates in compiling national, industrial, and group standards in information security. During last year’s BFA, vivo released the “White Paper on Data Protection Compliance Trends” jointly compiled by the China Academy of Information and Communications Technology to help the mobile phone industry fully understand global data compliance trends and improve data security governance.
Constant investment in the long-term strategic tracks is essential to achieving high-end breakthroughs. Focusing on innovation in fundamental technologies, vivo actively builds its competitiveness. It promotes its steady development of technology through “joint innovation” and “independent innovation”, providing strong support for its transformation, upgrading, and high-end breakthroughs. On this basis, vivo’s latest flagship smartphone vivo X Fold2 and tablet PC vivo Pad2 will also be launched shortly after the BFA in the Chinese domestic market. While bringing surprises to users and the market, these products will also embody vivo’s deep understanding of high-quality development in the new era and illuminate a bright future with technology.
