Huawei makes $49.42 billion in revenue in first half

August 08, 2021 | 13:36

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Huawei on August 6 announced that it generated CNY320.4 billion ($49.42 billion) in revenue in the first half of 2021, with its net profit margin reaching 9.8 per cent.

Huawei makes $49.42 billion in revenue in first half

Huawei has stayed on track despite COVID-19 disruptions

The company’s overall performance was in line with forecasts. During the period, carrier business revenue was CNY136.9 billion ($21.11 billion), enterprise business revenue was CNY42.9 billion ($6.61 billion), and consumer business revenue CNY135.7 billion ($20.93 billion).

"We've set our strategic goals for the next five years," said Eric Xu, Huawei's rotating chairman. "Our aim is to survive and to do so sustainably. We'll do this by creating practical value for our customers and partners. Despite a decline in revenue from our consumer business caused by external factors, we are confident that our carrier and enterprise businesses will continue to grow steadily."

Xu added, "These have been challenging times, and all of our employees have been pushing forward with extraordinary determination and strength. Going forward, we continue to believe deeply in the power of digital technology to provide fresh solutions to the problems the world is facing right now. We will keep on innovating to help build a low-carbon, intelligent world."

Founded in 1987, Huawei is a leading global provider of ICT infrastructure and smart devices. It has more than 197,000 employees, and operates in more than 170 countries and regions, serving more than three billion people around the world.