Huawei Announces Results for the First Half of 2018

huawei sales revenue

Today, Huawei announced its operating results for the first half of 2018. In the mentioned time period, Huawei achieved a sales revenue of RMB 325.7 billion ($47.66 billion). Its year-on-year increase is 15%, while the operating profit margin is 14%. At the same time, the company said Huawei will continue to improve the company’s operational efficiency and the quality of its operations. Its operations have bee stable from the very start of 2018, and it is expected to maintain good growth momentum and financial status in 2018, generally.

However, these results are not surprising. In terms of smartphones, the Huawei P20 series smartphones have brought a lot of improvements to Huawei’s innovations and breakthroughs in photography and artificial intelligence. Plus, recently, they released the very scary technology – ‘GPU Turbo’, which gives Huawei a stronger competitive edge.

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In terms of notebooks, the Huawei MateBook X Pro has won praises from many consumers for its innovations and has also given Huawei a place in the high-end notebook market.

Huawei said that they are focusing on solving customer problems and developing 5G, smart network, cloud data center, and other technologies to help operators build a cloud-oriented network for the future. Huawei said that in the future, Huawei Cloud will accelerate its operation on the road of innovation in cloud infrastructure, and is committed to providing customers with stable, reliable, secure, credible, and sustainable cloud services.

In the Fortune Global 500 list, Huawei’s ranking has risen to 72. The company claims that Huawei’s technology and solutions are now spread across more than 170 countries and regions. More than one-third of the world’s population is enjoying the services brought by Huawei.

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