Huawei's full-year revenue in 2019 was 858.8 billion yuan, an increase of 19.1% year-on-year, its 2019 annual report showed today.
Huawei's net profit in 2019 was 62.7 billion yuan, and cash flow from operating activities was 91.4 billion yuan, a year-on-year increase of 22.4%.
In 2019, Huawei continued to invest in technological innovation and research. R & D expenses reached 131.7 billion yuan, accounting for 15.3% of annual sales revenue. In the past ten years, R&D expenses totaled more than 600 billion yuan.
Xu Zhijun, Huawei's rotating chairman, said: "2019 is an extraordinary year for Huawei. Under extremely severe external challenges, all Huawei employees are united and focused on creating value for customers and winning the respect and respect of our customers and partners.ย ย Trust, and overall sound business. "
In 2019, in the field of operator business, Huawei leads the 5G commercial process and has set up a 5G joint innovation center with global operators to continue to promote 5G commercial and application innovation.
Huawei launched the RuralStar series of solutions to effectively solve the problem of remote and marginal coverage. It has provided mobile Internet services to more than 40 million people in remote areas in more than 50 countries and regions, and achieved sales revenue of 296.7 billion yuan, an increase of 3.8% year-on-year.
Enterprise business helps the digital transformation of industry customers, creating a digital world base.ย ย There are 228 of the world's top 500 companies in more than 700 cities and 500 countries in the world. Huawei has been selected as its digital transformation partner.
For the first time, Huawei has released the computing industry strategy and is committed to becoming the "black land" of the smart world. It launched the world's fastest Ascension 910 AI processor and AI training cluster Atlas 900, achieving sales revenue of 89.7 billion yuan, a year-on-year increase of 8.6%.
Consumer business maintained steady growth. Smartphone shipments exceeded 240 million units, and consumer-centric full-scenario smart ecological layouts such as PCs, tablets, smart wearables, and smart screens were further improved, and sales revenue reached 467.3 billion yuan.ย ย A year-on-year increase of 34%.
Xu Zhijun emphasized: "Facing the more complicated external environment in the future, we can only seize the historical opportunities of digitalization and intelligence in the industry only by continuously improving the competitiveness of our products and services, focusing on creating greater value for customers and society, and opening up and innovating.ย ย To achieve sustained and steady development. "
More on Tech Industry
