Huawei’s revenue last year accounted for more than half of the consumer business of 858.8 billion yuan

Huawei’s revenue last year accounted for more than half of the consumer business of 858.8 billion yuan
On March 30, Huawei released its 2019 annual report.The report shows that Huawei achieved global sales revenue of 85.88 million yuan, an annual increase of 19.1%; net profit 62.7 billion yuan, cash flow from operating activities 91.4 billion yuan, an annual increase of 22.4%.In addition, Huawei’s R & D expenses in 2019 amounted to 131.7 billion yuan, accounting for 15 of the annual sales revenue.3%, the total R & D expenditure in the past ten years has exceeded RMB 600 billion.Xu Zhijun, Huawei ‘s rotating chairman, said: “2019 is an extraordinary year for Huawei. Under extremely severe external challenges, all Huawei employees are united to focus on creating value for customers and win the attention and trust of customers and partners., The overall operation is sound.The financial report shows that Huawei ‘s operator business revenue was 296.7 billion, an annual increase of 3.8%; corporate business revenue was 89.7 billion, a year-on-year increase of 8.6%; consumer business income of 467.3 billion US dollars, an annual increase of 34%.Xu Zhijun emphasized: “In the face of a more complex external environment in the future, we can only continue to improve the competitiveness of products and services, focus on creating value for customers and society, open innovation, master the historical possibilities of digitalization and intelligence in the industry, and achieve sustainedSteady development.”Sauna, Ye Wang Lu Yifu editor Li Weijia proofread Li Ming