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

by Amit
April 1, 2020
in Huawei News, News
0
Huawei 2019 performance

Huawei 2019 performance

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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:

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  • 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).

Huawei 2019 report Energy Huawei 2019 report security Huawei 2019 report Tech4all Huawei 2019 report

Source

Tags: HMSHuaweiHuawei 2019 annual reportHuawei 2019 reportHuawei 2019 revenueHuawei HMSHuawei Revenue
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Amit

Amit

I write about Huawei Latest News, EMUI Updates & more. I am also a fitness freak. For any information, tip or help send me an email at huaweiupdatenews@gmail.com

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