To 122.9 billion usd of revenues for Huawei in 2019
The chinese Huawei has not to be ashamed of its balance sheet, 2019, which displays almost 123 billion usd in revenue and a net profit of approximately 9 billion usd. The manufacturer of handsets and network equipment careful, however, not very much in mind the tensions that have occurred with the United States in the past year and prepares for a future less rosy.
In 2019, the global sales of Huawei amounted to 122,9 billion usd, an increase of 19.1% compared to 2018. The net profit of the manufacturer has reached 8,97 billion usd, and its cash-13 Md$ (+22.4 per cent). Therefore, the group has to survive during the outbreak of coronavirus, which has calmed down in China. In the field of R&D, Huawei has re-invested 15.3% of its turnover to 2019 in R&D, equal to 18.8 billion usd.
Last year, Huawei’s Carrier Business Group (for telecom operators), focused on the commercial deployment of networks 5G. The group has established centres of innovation of 5G coconstruits with operators around the world. The turnover of this activity reached 42,48 billion usd, an increase of 3.8%. The division for Enterprise of the manufacturer has, on a global scale, more than 700 cities and 228 companies in Fortune Global 500 as customers. In 2019, Huawei has announced its willingness to deploy a strategy that is strong in the field of computing and has launched a processor with IA, the Ascend 910, and the cluster of training to the IA Atlas 900. The income from activities Enterprise $ 12.8 Billion€, with growth of 8.6%.
The activities for the public and Huawei have continued to rise despite the geopolitical situation with the United States and the shutdown of some collaborations with american suppliers (like Google for Android). In 2019, Huawei has sold 240 million smartphones. These deliveries, added to those of other types of terminals produced by the chinese manufacturer, have generated a turnover of 66.9 billion (+34%). Xu Zhijun, president in rotation of Huawei, however, is clear : “The external environment will only become more complicated in the future. We need to continue to improve the competitiveness of our products and services, promoting open innovation and create greater value for our customers and society as a whole. This is the only way we will be able to seize opportunities historical offered by the digital transformation and intelligent of the ICT industry and to maintain a robust growth in the long term. ”