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Caption: Meng Wanzhou, Huawei’s CFO, talking on the press convention
HUAWEI launched its 2021 Annual Report on March twenty eighth, revealing that the corporate had maintained strong operations all through the previous 12 months. As per the report, Huawei achieved CNY636.8 billion in income in 2021, and CNY113.7 billion in internet income, a rise of 75.9% year-on-year. The corporate’s R&D expenditure reached CNY142.7 billion in 2021, representing 22.4% of its complete income, and bringing its complete R&D expenditure over the previous 10 years to over CNY845 billion. Shifting ahead, the corporate additionally plans to constantly improve funding in R&D.
Huawei stated, the efficiency was general in step with forecast, its provider enterprise remained secure, enterprise enterprise skilled regular development, and shopper enterprise shortly expanded into new domains. As well as, the corporate launched into a quick observe of ecosystem growth.”
Meng Wanzhou, Huawei’s CFO, spoke on the occasion, “Regardless of a income decline in 2021, our capability to make a revenue and generate money flows is growing, and we’re extra able to coping with uncertainty.” Due to the improved profitability of its main companies, the corporate’s money stream from working actions dramatically elevated in 2021, amounting to CNY59.7 billion. Its legal responsibility ratio additionally dropped to 57.8%, and its general monetary construction has change into extra resilient and versatile.
In 2021, Huawei’s provider enterprise generated CNY281.5 billion in income and helped carriers all over the world deploy main 5G networks. Third-party check outcomes have discovered that 5G networks constructed by Huawei for patrons in 13 nations, together with Switzerland, Germany, Finland, the Netherlands, South Korea, and Saudi Arabia, present one of the best consumer expertise. By working with carriers and companions, Huawei has signed greater than 3,000 industrial contracts for industrial 5G functions. These sorts of 5G functions are at the moment seeing large-scale industrial use in sectors like manufacturing, mines, iron & metal vegetation, ports, and hospitals.
Due to persevering with digital transformation traits, Huawei’s enterprise enterprise additionally grew quickly, producing CNY102.4 billion in income in 2021. Prior to now 12 months, Huawei launched 11 scenario-based options for key sectors equivalent to authorities, transportation, finance, vitality, and manufacturing. The corporate additionally established a number of devoted groups, together with a Coal Mine Staff, a Good Street Staff, and a Customs & Port Staff, to mix assets in a approach that extra effectively serves the wants of its prospects.
Over 700 cities and 267 Fortune World 500 corporations have chosen Huawei as their digital transformation accomplice and Huawei now works with greater than 6,000 service and operation companions all over the world. Within the Philippines, benefited from a brand new system consisting of cellular gadgets and AI, forest rangers can obtain real-time alerts of sound to determine rainforest destruction Through a cellular app, to allow them to take motion shortly, in accordance with Jun Zhang, the Director of Huawei Asia Pacific Public Relations Division.
Huawei’s shopper enterprise zeroed in on shopper desires and desires, additional constructing out the worldwide ecosystem for a wise, all-connected period, as a part of the corporate’s Seamless AI Life technique for customers all over the world. This enterprise generated CNY243.4 billion in income in 2021 and continued to see regular gross sales development in sensible wearables, sensible screens, true wi-fi stereo (TWS) earbuds, and Huawei Cellular Providers (HMS). Specifically, the sensible wearable and sensible display screen segments each noticed 30%+ year-on-year development. In complete, HarmonyOS was utilized in over 220 million Huawei gadgets as of 2021, turning into the world’s fastest-growing cellular gadget working system.
Throughout the previous 12 months, Huawei additionally targeted on constructing out its openEuler, MindSpore, and HarmonyOS ecosystems primarily based on the rules of open collaboration and shared development. Over eight million builders are at the moment utilizing Huawei’s open platforms, open-source software program, and growth instruments to discover new enterprise situations and enterprise fashions.
Simon Lin, the President of Huawei Asia Pacific said, with a secure workforce, monetary and enterprise fundamentals, the best internet revenue in historical past, and our continued efforts to globalize beneath strain and improve R&D funding, Huawei’s unwavering enterprise technique, targeted on connectivity and computing and quickly creating new companies together with digital energy and cloud, is completely aligned to drive the digital economic system within the Asia Pacific.
The corporate will advance its journey of digitalization, clever transformation, and low carbon. Counting on expertise, scientific analysis, and an modern spirit, Huawei stated will constantly improve funding to reshape the paradigms for elementary theories, structure, and software program, and construct our long-term competitiveness.
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