fbpx
Home Business Huawei Announces 2020 H1 Business Results

Huawei Announces 2020 H1 Business Results

-

Huawei announced its business results for the first half of 2020 today. The company generated CNY454 billion in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%.

Huawei’s carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion in revenue, respectively.

With Unrivalled, Affordable Performance the New HUAWEI MatePad T 8 Goes on Sale

As countries around the globe are grappling with the COVID-19 pandemic, information, and communications technologies (ICT) have become not only a crucial tool for combatting the virus, but also an engine for economic recovery.

Huawei reiterated its commitment to working with carriers and industry partners to maintain stable network operations, accelerate digital transformation, and support efforts to contain local outbreaks and reopen local economies.

The complex external environment makes open collaboration and trust in global value chains more important than ever.

HUAWEI Y8p: A Kingpin of Smartphone Photography

Huawei has promised to continue fulfilling its obligations to customers and suppliers, and to survive, forge ahead, and contribute to the global digital economy and technological development, no matter what future challenges the company faces.

Must Read

Google clinging to purchase of an application similar to TikTok

TikTok Strengthens its Commitment to Trust and Safety by Introducing the...

TikTok, the leading destination for short-form mobile videos, today introduced its Asia Pacific (APAC) Safety Advisory Council. The external Council, which is made up of...