Huawei Announces 2020 H1 Business Results
July 18, 2020: Huawei announced its business results for the first half of 2020. The company generated US$64.23 billion in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%.[1] Huawei's carrier, enterprise, and consumer businesses achieved US$22.58 billion, US$5.13 billion, and US$36.19 billion in revenue, respectively.
As countries around the globe are grappling with the COVID-19 pandemic, information and communications technologies (ICT) have become not only a crucial tool for combatting the virus, but also an engine for economic recovery. Huawei reiterated its commitment to working with carriers and industry partners to maintain ......Read More
