August 10, 2020

Huawei Announces 2020 H1 Business Results.

Huawei finally announces its business results for the first half of 2020 . During this period, the company procured around CNY454 billion in revenues with a 13.1% increase year-on-year. It had a net profit around of 9.2%. It’s carrier, enterprise, and consumer businesses has achieved around CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion in revenue.

In this battle against the pandemic, information and communications technologies (ICT) have become pivotal for not only for fighting against the virus, but for economic recovery. Huawei re-enforces its commitment to work with the carrier and industry partners for maintaining a stable network operation which will help in accelerating the digital transformation and also support the endeavors to contain the localized outbreaks.

 Huawei has always fulfilled its duties towards it’s customers and suppliers. It has also contributed to the global digital economy.