According to Huawei’s official website, at 4 pm on March 31, Huawei Investment Holdings Co., Ltd. will release its 2020 annual report. Huawei’s rotating chairman Hu Houkun will interpret the main points of the annual report and the company’s strategy.
Huawei released its 2020 annual report today. The report shows that performance growth has slowed down, but it has basically met business expectations. Among them, sales revenue is RMB 891.4 billion, a year-on-year increase of 3.8%, and net profit is RMB 64.6 billion, a year-on-year increase of 3.2%.
In 2020, in the field of operator business, during the epidemic, Huawei helped 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.
Huawei’s enterprise business strengthens the creation of scenario-based innovative solutions, builds a digital ecosystem of symbiosis, co-creation and sharing, and creates new value in the industry with customers and partners. During the epidemic, Huawei Cloud AI assisted diagnosis and other solutions were used to provide technology and experience to many countries and regions to overcome the difficulties. Huawei and its partners provide more than 50 million students with Huawei Cloud-based primary and secondary education cloud platform services to help distance education.
The consumer business continues to adhere to the “1+8+N” full-scene smart life strategy, with HarmonyOS and HMS ecology as the core drive and service capabilities, and centering on the five major areas of smart office, sports health, smart home, smart travel, and audio-visual entertainment Life scenes, to create a full-scenario smart life experience for consumers.
Hu Houkun, Huawei’s rotating chairman, said: “This year, we have not been afraid of hardships and will continue to create value for customers with innovative ICT technology, help global science and technology fight the epidemic, economic development and social progress, improve business quality, and achieve annual business performance. Basically meet expectations. We will continue to open cooperation with customers and partners to promote the sustainable development of society, economy and environment.”