[Shenzhen, China, April 1, 2016] Today HUAWEI announced its financial results for 2015, reporting that its Carrier, Enterprise, and Consumer Business Groups (BGs) all achieved strong year-on-year growth. The three BGs generated CNY395 billion (US$60.8 billion) in annual revenue worldwide, an increase of 37% YoY. Net profit was CNY36.9 billion (US$5.7 billion), up 33% YoY.
Guo Ping, HUAWEI's deputy chairman and rotating CEO, remarked, "In part, HUAWEI owes its long-term growth to the sheer size of the ICT market, which is the driving force of digital economies around the world. However, our growth is also a direct result of strategic focus and heavy investment in our core businesses. Over the next three to five years, we will concentrate on enhancing connectivity, enabling the development of vertical industries, and redefining network capabilities. With an open and collabourative approach, and a commitment to shared success, we will work closely with our customers and partners to maximise industry development opportunities. Together, we will build a Better Connected World."
In 2015, HUAWEI's three business segments experienced significant growth:
The Carrier BG generated CNY232.3 billion (US$35.8 billion) in annual revenue, up 21% YoY. Widespread rollout of 4G networks accounted for a large portion of this growth.
The Enterprise BG generated CNY27.6 billion (US$4.3 billion) in annual revenue, an increase of 44% YoY. In particular, HUAWEI's enterprise business experienced rapid growth in the public safety, finance, transportation, and energy sectors.
A major highlight of the company's performance in 2015, HUAWEI's Consumer BG reported CNY129.1 billion (US$19.9 billion) in annual revenue, up 73% YoY. This increase was a direct result of increased demand for high-quality products that deliver a premium user experience, as well as HUAWEI's growing influence as a consumer brand.
Over the past 20-plus years, HUAWEI has remained focused on ICT infrastructure, steadily investing in R&D. In 2015 alone, HUAWEI invested 15% of its annual revenue – CNY59.6 billion (US$9.2 billion) – in research and development. HUAWEI's total R&D investment over the past decade exceeds CNY240 billion (approximately US$37 billion).
Sabrina Meng, HUAWEI's CFO, noted: "We wrapped up 2015 in a robust financial position, with stable cash flow from operating activities, increased cash availability, and effective risk control. In 2016, we will continue to focus on our pipe strategy, staying customer-centric in all we do. We will press ahead with management transformation projects to better prepare ourselves for the future, and continue boosting the efficiency of our operations to ensure sustainable growth."
To download the 2015 Annual Report, visit
Note 1: CNY amounts were converted into USD using the closing rate on December 31, 2015: US$1.00 = CNY6.4927.
Note 2: YoY growth rates are denominated in RMB.
[Wetzlar, Germany, September 23, 2016] HUAWEI and Leica Camera AG today announced they have expanded their strategic collabouration with the establishment of a jointly operated research and innovation centre, the ‘Max Berek Innovation Lab’. The launch comes seven months after the public announcement of their long-term technology partnership in the field of optical engineering, and five months after the launch of the globally successful, multiple-award winning HUAWEI P9 and P9 Plus smartphones.
[Singapore, Nov. 12, 2015] At the HUAWEI Innovation Day Asia today, the President of Strategy Marketing, HUAWEI Consumer Business Group (BG), Mr. Shao Yang, shared the evolution of mobile innovation and HUAWEI’s vision of how the next-generation mobile device, the ‘Superphone’, will take mankind closer to a world where the physical and digital realities will be further integrated.
Barcelona, Spain, February 23, 2014: HUAWEI, a leading global information and communications technology (ICT) solutions provider, today unveiled two new additions to its MediaPad range of devices and its first wearable device at GSMA Mobile World Congress (MWC) 2014. With the HUAWEI MediaPad X1, the world’s slimmest 7-inch LTE Cat4-enabled all-in-one phablet, HUAWEI TalkBand B1, the perfect hybrid ‘talk and track’ companion, and HUAWEI MediaPad M1, the 8-inch entertainment powerhouse, HUAWEI makes a life without boundaries possible for more people in more places around the world.
Shanghai, China, December 4, 2013: HUAWEI, a leading global information and communications technology (ICT) solutions provider, today unveiled its automotive module HUAWEI ME909T mobile broadband (MBB) product at a press conference in Shanghai. The 4G LTE-enabled HUAWEI ME909T supports web surfing, data analysis and information transmission within vehicles. Today’s announcement further demonstrates HUAWEI’s advances in telematics for use across industries.
Shenzhen, China, December 2, 2013: HUAWEI, a leading global information and communications technology (ICT) solutions provider, today launched its global holiday online competition ‘Unlock Possibilities’. The free competition provides the chance to win a line-up of goodies, culminating in two grand prize Mercedes-Benz Sports Coupes. The ‘Unlock Possibilities’ competition further demonstrates HUAWEI’s aspiration to become one of the leading mobile phone brands globally by bringing quality, innovative and fashionable products within reach for more people. With a focus on the HUAWEI Ascend P6, ‘Unlock Possibilities’ is set to excite a global audience as HUAWEI continues to build its leadership in the smartphone industry.