Huawei launched its 2021 Annual Report on March twenty eighth, revealing that the corporate had maintained stable operations all through the previous yr. As per the report, Huawei achieved CNY636.8 billion in income in 2021, and CNY113.7 billion in web income, a rise of 75.9% year-on-year. The corporate’s R&D expenditure reached CNY142.7 billion in 2021, representing 22.4% of its complete income, and bringing its complete R&D expenditure over the previous 10 years to over CNY845 billion. Transferring ahead, the corporate additionally plans to repeatedly improve funding in R&D.
Huawei mentioned, the efficiency was general in keeping with forecast, its provider enterprise remained secure, enterprise enterprise skilled regular progress, and shopper enterprise rapidly expanded into new domains. As well as, the corporate launched into a quick monitor of ecosystem improvement.”
Meng Wanzhou, Huawei’s CFO, spoke on the occasion, “Regardless of a income decline in 2021, our capacity to make a revenue and generate money flows is growing, and we’re extra able to coping with uncertainty.” Due to the improved profitability of its main companies, the corporate’s money stream from working actions dramatically elevated in 2021, amounting to CNY59.7 billion. Its legal responsibility ratio additionally dropped to 57.8%, and its general monetary construction has turn out to be extra resilient and versatile.
Meng Wanzhou, Huawei’s CFO, talking on the press convention
In 2021, Huawei’s provider enterprise generated CNY281.5 billion in income and helped carriers around the globe deploy main 5G networks. Third-party check outcomes have discovered that 5G networks constructed by Huawei for purchasers in 13 nations, together with Switzerland, Germany, Finland, the Netherlands, South Korea, and Saudi Arabia, present one of the best consumer expertise. By working with carriers and companions, Huawei has signed greater than 3,000 industrial contracts for industrial 5G purposes. These sorts of 5G purposes are at the moment seeing large-scale industrial use in sectors like manufacturing, mines, iron & metal vegetation, ports, and hospitals.
Due to persevering with digital transformation traits, Huawei’s enterprise enterprise additionally grew quickly, producing CNY102.4 billion in income throughout 2021. Up to now yr, Huawei launched 11 scenario-based options for key sectors akin to authorities, transportation, finance, vitality, and manufacturing. The corporate additionally established a number of devoted groups, together with a Coal Mine Staff, a Sensible Street Staff, and a Customs & Port Staff, to mix assets in a means that extra effectively serves the wants of its prospects.
Over 700 cities and 267 Fortune International 500 firms have chosen Huawei as their digital transformation associate and Huawei now works with greater than 6,000 service and operation companions around the globe. Within the Philippines, benefited from a brand new system consisting of cellular gadgets and AI, forest rangers can obtain real-time alerts of sound to establish rainforest destruction Through a cellular App, to allow them to take motion rapidly, based on Jun Zhang, the Director of Huawei Asia Pacific Public Relations Division.
Huawei’s shopper enterprise zeroed in on shopper desires and desires, additional constructing out the worldwide ecosystem for a sensible, all-connected period, as a part of the corporate’s Seamless AI Life technique for customers around the globe. This enterprise generated CNY243.4 billion in income in 2021 and continued to see regular gross sales progress in sensible wearables, sensible screens, true wi-fi stereo (TWS) earbuds, and Huawei Cellular Companies (HMS). Specifically, the sensible wearable and sensible display screen segments each noticed 30%+ year-on-year progress. In complete, HarmonyOS was utilized in over 220 million Huawei gadgets as of 2021, changing into the world’s quickest rising cellular gadget working system.
Through the previous yr, Huawei additionally centered on constructing out its openEuler, MindSpore, and HarmonyOS ecosystems primarily based on the rules of open collaboration and shared progress. Over eight million builders are at the moment utilizing Huawei’s open platforms, open-source software program, and improvement instruments to discover new enterprise eventualities and enterprise fashions.
Simon Lin, the President of Huawei Asia Pacific acknowledged, with secure workforce, monetary and enterprise fundamentals, the very best web revenue in historical past, and our continued efforts to globalize underneath strain and improve R&D funding, Huawei’s unwavering enterprise technique, centered on connectivity and computing and quickly creating new companies together with digital energy and cloud, is completely aligned to drive the digital financial system in Asia Pacific.
The corporate will advance its journey of digitalization, clever transformation, and low carbon. Counting on expertise, scientific analysis, and an revolutionary spirit, Huawei mentioned will repeatedly improve funding to reshape the paradigms for basic theories, structure, and software program, and construct our long-term competitiveness.