China-based Huawei, following the launch of new processors and Artificial Intelligence (AI)-based solutions, this Thursday on Huawei Connect 2019 said that the company's heightened priority is to introduce foolproof and reliable products to the market.

"It is Huawei's highest priority to bring trustworthy and secure products. We are trying our best to mitigate potential risks and making strategic investments including compliance and time to innovation, and supports privacy protection and
 cybersecurity," Michael Ma, President, Intelligent Computing Business at Huawei said.

The development from the company has come on the backdrop of its suspension earlier this week from the membership of a group of companies, governments and experts called the Forum of Incident Response and Security Teams (First) that aims to encourage multinational cooperating in combating cyberattacks.

The firm that has varied business interests ranging from undersea to skies has launched AI computing framework, and as a part of its annual event Huawei Connect 2019, wanted to allay partners fears amid cybersecurity concerns.

Huawei, a predominant telecom gear maker with operations in more than 175 countries, is aggressively looking to tap business opportunities across healthcare, manufacturing, and space research domains bringing Artificial Intelligence (AI), cloud and edge computing to the centrestage.

The company has so far signed 60 contracts for fifth-generation or 5G technology deployments, and according to analysts, it is expected to report nearly a 20% increase in worldwide revenue to $125 billion in CY 2019.