Huawei publishes 2019 annual report: Financial, Research, Security and more

According to the official report, Huawei’s 2019 performance was extremely well in all scenarios. Annual sales were CNY 858.8 billion ($123 billion), an increase of 19.1% year over year. That equates to a net profit of CNY 62.7 billion ($ 9 billion).

Financial Performance:

Healthy operating results, strong financial position:

  • Revenue 858.8 CNY Billion – Increased by 19.1%
  • Net Profit 62.7 CNY Billion – Increased by 5.6%
  • Cash flow from operating activities 91.4 CNY Billion – Increased by 22.4%

Revenue by Bussiness segment:

  • Enterprise business 89.7 – Increased by 8.6%
  • Consumer business 467.3- Increased by 34%
  • Carrier business 296.7- Increased by 3.8%

Revenue by region:

  • Americas 52.5 – Increased by 9.6%
  • Asia Pacific 7.5- Decreased by 13.9%
  • China 506 – Increased by 36.2%

Unit: CNY Billion

R&D Investment:

  • Percentage of annual sales re-invested into R&D >10%
  • Employees in R&D, accounting for 49% of Huawei’s total workforce – 96,000+
  • Spent on R&D in 2019 – 131.7 CNY Billion
  • Spent on R&D over the past decade – 600+ CNY Billion

Research and Innovation:

  • Active patents held by Huawei as of December 31, 2019 – 85,000+
  • Employees engaged in basic research – 15,000

Huawei Key Plan:

  • Huawei welcomed more than 4,500 journalists, more than 3,000 experts, and researchers, and more than 1,000 government delegations from around the world to visit our headquarters in Shenzhen.
  • An open Huawei Mobile Services (HMS) ecosystem: We help app developers deliver innovative app experiences to 600 million Huawei device users around the world. In addition, over 55,000 apps have been integrated with HMS Core.
  • Huawei executive team has continued to engage with the global community through a number of external events and speaking opportunities.
  • Huawei launched the world’s most powerful AI processor – the Ascend 910 – as well as an all-scenario AI computing framework, MindSpore. Huawei also launched Atlas 900, the world’s fastest AI training cluster, and HUAWEI CLOUD Ascend-based cluster services.
  • Huawei launched the Arm-based CPU, the Kunpeng 920, and the TaiShan series of servers and cloud services powered by the Kunpeng 920.
  • Huawei established 5G joint innovation centers with carriers in Europe, aiming to continuously drive the commercial deployment and service innovation of 5G.
  • Huawei built the cloud-based Horizon Digital Platform by integrating multiple new ICT technologies including IoT, AI, big data, video, converged communications, and geographic information systems (GIS).

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