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Huawei Releases 2021 Annual Report with Stable Action Plan Ready to increase investment in the future

[เซินเจิ้น ประเทศจีน, 28 มีนาคม 2565] Huawei Releases 2021 Annual Report with Solid Action Plan Throughout the Year It stated that Huawei achieved revenue of 636.8 billion yuan in 2021, net profit of 113.7 billion yuan, an increase of 75.9 percent year-on-year.

The company’s investment in research and development reached 142.7 billion yuan in 2016. 2021, accounting for 22.4% of total revenue As a result, research and development expenditures over the past 10 years total more than 845 billion yuan. In the future, the company plans to continually increase R&D investment.

Mr. Guo Ping, Huawei’s Rotating Executive Chairman said in a press release that “Overall Our results are as expected. Our network service business remains stable. While the business for the organization continues to grow and stabilize. Our consumer business has expanded into new domains and is also starting to rapidly develop the digital ecosystem.”

Ms Meng Wanzhou, Huawei’s Chief Financial Officer, said: “Although 2021 revenues will decline, we will be able to make profits and generate more cash flow. It has the potential to manage more businesses amid various volatility.” With the potential for increased profitability from its core businesses, in 2021 the company’s cash flow from operations will increase markedly. totaling 59.7 billion yuan

meanwhile The debt ratio is reduced to 57.8%, the overall financial structure is more flexible. In 2021, Huawei’s network services business generates total revenue of 281.5 billion yuan, resulting in Global network services increasingly use 5G networks, independent research reveals that Huawei-developed 5G networks are available for customers in 13 countries, including Switzerland, Germany, Finland, the Netherlands, South Korea and Saudi Arabia. can provide the best user experience.

Ms. Meng Wanzhou, Chief Financial Officer of Huawei at the press conference.

Huawei also works with carriers and partners by signing more than 3,000 commercial contracts for industrial use of 5G technology. And 5G technology is being used in large-scale commercial enterprises including manufacturing, mining, iron and steel mills. Port and hospital business

With the transition to the digital era that continues to occur. As a result, Huawei’s enterprise business has grown rapidly. with a revenue of 102.4 billion yuan in 2021. Huawei also released 11 scenario-based solutions.

For government, transportation, finance, energy and manufacturing, the company has established several specialized teams. The whole coal mining team Smart road team and customs and port teams In addition, more than 700 cities and 267 Fortune Global 500 companies have chosen Huawei as their key partner in their digital transformation. Huawei currently works with more than 6,000 carrier partners and operators around the world.

Huawei’s consumer business focuses on consumer needs. by building a global ecosystem to build on an all-connected intelligent society. This is part of the company’s Seamless AI Life strategy. The business generates over 243.4 billion yuan in 2021 and continues to grow in the development of smart wearable devices. smart screen Wireless Stereo Headphones (TWS) and Huawei Mobile Services (HMS)

The smart wearables and smart screens segment grew 30% year over year. In total, HarmonyOS was installed on over 220 million Huawei devices in 2016. 2021 and become the fastest growing mobile operating system in the world.

Over the past year, Huawei has focused on building the openEuler, MindSpore, and HarmonyOS ecosystems based on the principles of collaboration and mutual growth. including Huawei’s open software and development tools to explore new business possibilities and business models.

Guo Ping emphasized, “Huawei is ready to move forward in its digital journey. Ready to adjust strategies to accommodate changes wisely. by reducing carbon emissions at the same time Focus on the gathering of experts Scientific research and innovative spirit We will continue to invest in reshaping the fundamental theory paradigm. Architecture and Software Models to increase competitiveness in the long term.”

Mr. Abel Deng, Executive Chairman of Huawei Technologies (Thailand) Co., Ltd., disclosed business progress and strategies. for Thailand He emphasized that Huawei has the determination and potential to continuously serve Thai customers and Thai society on their digital journey. However, he said “Thailand has always been a key market for Huawei and is also one of our largest markets.

In the past 23 years, Huawei has carried out its mission. “Growing with Thailand and supporting Thailand” through support of the Thai government, Thai customers and partners in Thailand. Being a technology leader and a trusted ICT partner It is the person who aims to drive the digital transformation. and is also a continual supporter of social values.

Huawei is proud to help Thailand build more than 20,000 5G stations as the number one 5G service provider, and Huawei Cloud is the only global provider in Thailand to have data centers. 3 locations in Thailand. Since Huawei established a new business segment like Digital Power in 2021, Huawei’s PV solutions and smart energy sites have rapidly become the market leaders.”

For the issue of Huawei’s investment plans in Thailand in the future Mr Abel spoke of four main approaches: “Huawei will focus on supporting the application of 5G for ubiquitous connectivity. Build a digital platform based on cloud technology. Accelerating the transition to reducing CO2 emissions with digital energy It also aims to enhance digital skills and innovation ecosystem.

By 2022, Huawei is committed to pushing 5G networks to cover more than 70% of the population. Increase the total population 5G utilization rate from 10% to 20%, covering 16% of the technology application rate curve based on the innovation response theory. Our third data center will enable Huawei to deliver services. that is stable for customers

In this year 2022, in the part of Huawei The cloud plans to launch more than 80 new SaaS offerings to encourage banking, SMEs and over-the-top service providers to respond to the shift. Go digital and use more cloud technology. Sustainable Development Huawei’s digital power business will launch new product lines in the country.

For example, a new generation of safer, smart inverter PV products, Huawei will also strive to strengthen Thailand’s innovation ecosystem. The company will focus on investing in 5G EIC (Ecosystem Innovation Center) to increase the number of partners from 70 to 120.

On the Huawei Spark Program, we will support more than 2,000 developers and more than 300 startups annually. We will continue to expand our ASEAN Academy Seeds for the Future program and training program with 23 universities in Thailand. to nurture digital skills for 20,000 employees by 2022.”

All financial statements in the 2021 Annual Report are audited by KPMG, the global accounting firm of the Big Four. The 2021 Annual Report is available for download at https://www.huawei.com/en/annual. -report/2021

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