Huawei Releases 2021 H1 Business Results

Press release
Published August 8th, 2021 - 06:36 GMT
Huawei Releases 2021 H1 Business Results
Huawei HQ.
Highlights
Huawei released its business results for the first half of 2021 today. Its overall performance was in line with forecast.

Huawei released its business results for the first half of 2021 today. Its overall performance was in line with forecast.

In H1, Huawei generated USD 49.62 billion in revenue, with its net profit margin reaching 9.8%[1].

  • Carrier business revenue: USD 21.2 billion
  • Enterprise business revenue: USD 6.64 billion
  • Consumer business revenue: USD 21.01 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 continued, "These have been challenging times, and all of our employees have been pushing forward with extraordinary determination and strength. I want to thank every single member of the Huawei team for their incredible effort. 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."

 

Background Information

Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

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