Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Xiaoxiang Langjun and Xiao Zhanche for the clue delivery! CTOnews.com, March 31 (Xinhua)-- Huawei today released its annual report for 2022, which shows that Huawei's overall operation is stable, with global sales revenue of 642.3 billion yuan up 0.9% year-on-year, and net profit of 35.6 billion yuan down 68.7% from the same period last year. Facing the future, Huawei continues to increase its R & D investment, reaching 161.5 billion yuan in 2022, accounting for 25.1% of the annual income, and the cumulative R & D expenditure over the past decade has exceeded 977.3 billion yuan.

Xu Zhijun, chairman of Huawei, and Meng Wanzhou, CFO of Huawei, attended the press conference of Huawei's 2022 annual report.

Mr Xu said Huawei would deploy 5.5G globally around 2025, significantly improving consumer experience in a variety of scenarios and promoting digitization in a variety of industries. No one knows what 6G is, but the concept is the goal of the industry. Huawei is working with industry to define what 6G is, focusing on technology that may be used. It is not clear when 6G will arrive, it should be after 2030. If consumers and industry do not improve the mobile network, maybe 6G will not want it, and it may be normal to live in the 5.5G era. But Huawei still hopes that 6G will come, otherwise there will be no growth and users will not buy mobile phones. Now that mobile phones have dropped sharply, we still hope that 6G will come, but we still have to wait for the answer whether and when it will come.

Xu Zhijun said that the mobile phone business was most affected by the sanctions, from the second place in the world to others. The U.S. Department of Commerce only permits 4G chips, while Huawei can only make 4G phones. To buy a Huawei 5G phone, you have to wait for permission from the U.S. Department of Commerce.

CTOnews.com learned from Huawei's 2022 report that in 2022, Huawei achieved sales revenue of 284 billion yuan in operator business, 133.2 billion yuan in Huawei enterprise business and 214.5 billion yuan in terminal business. ICT infrastructure business maintained steady growth, the downward trend of terminal business slowed, digital energy and Huawei cloud business grew rapidly, and the competitiveness and user experience of smart car components significantly improved. Huawei's cloud computing business continues to grow at a high speed, with sales revenue of 45.3 billion yuan. Telecom business revenue increased by 0.9% to 284 billion yuan. The revenue of smart car solution components business is 2.1 billion yuan.

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