Huawei today released its 2020 annual report, stating that in 2020, it will achieve global sales revenue of 891.4 billion yuan, a year-on-year increase of 3.8%, and net profit of 64.6 billion yuan, a year-on-year increase of 3.2%, cash flow from operating activities 352 Billion yuan, down 61.5% year-on-year.
Hu Houkun, Huawei’s rotating chairman, said that in 2020, Huawei’s operations will be stable and the financial results will be in line with expectations.
In 2020, in the field of operator business, during the epidemic, Huawei will help stabilize 1,500 operator networks in more than 170 countries and regions around the world to meet people’s needs for online office, online education, and online purchase of daily necessities during social isolation.
Huawei works with operators to build the best experience network and cooperates with operators to implement more than 3,000 5G innovation projects in more than 20 industries such as coal mines, steel, ports, and manufacturing.
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Consumers continued to adhere to the “1 + 8 + N” wisdom of the whole scene live strategy to HarmonyOS and HM S eco is the core driver and service capabilities, wisdom around the office, sports and health, smart home, smart travel, and entertainment-oriented Five life scenarios, creating a full-scenario smart life experience for consumers.
Hu Houkun said: “This year, we have not been afraid of hardships and continued to use innovative ICT technology to continue to create value for customers, help global science and technology fight the epidemic, economic development, and social progress, and improve the quality of operations.
The annual operating results basically met expectations. We will continue to open cooperation with customers and partners to promote the sustainable development of society, economy, and environment.”
Xinhua News Agency’s Xinhua Viewpoint commented on this: Huawei is still growing under heavy pressure, hard-hearted!
