Huawei today released its operating results for the third quarter of 2019. As of the third quarter of 2019, the company achieved sales revenue of 610.8 billion yuan, a year-on-year increase of 24.4%; net profit margin was 8.7%.
In terms of operator business, so far, Huawei has signed more than 60 5G commercial contracts with the world’s leading operators, and more than 400,000 5G Massive MIMO AAUs have been sent to all parts of the world. The production and supply of optical transmission, data communication, and IT have grown steadily.
Enterprise business targets the overall enterprise market. As of the third quarter, more than 700 cities, 228 Fortune 500 and 58 Fortune 100 companies have chosen Huawei as their digital transformation partner.
In terms of cloud business, in the third quarter, Huawei released its overall computing strategy for the first time, launching the world’s fastest AI training cluster Atlas900 and Huawei Cloud Ascend AI cluster service, 112 new services based on Kunpeng and Ascend, and innovative products such as industrial intelligent bodies. Major breakthroughs have been achieved in industries such as government, Internet, automobile manufacturing, and finance; 3 million enterprise users and developers have been developing in the cloud on HUAWEI CLOUD.
In terms of consumer business, the smartphone business maintained steady growth, with shipments exceeding 185 million units in the first three quarters, a year-on-year increase of 26%; new businesses such as PC, tablet, smart wear, and smart audio achieved rapid growth. The ecosystem of Huawei Mobile Services (HMS) has developed rapidly, covering more than 170 countries and regions around the world, with more than 1.07 million registered developers worldwide.
Huawei today released its operating results for the third quarter of 2019. As of the third quarter of 2019, the company achieved sales revenue of 610.8 billion yuan, a year-on-year increase of 24.4%; net profit margin was 8.7%.
In terms of operator business, so far, Huawei has signed more than 60 5G commercial contracts with the world’s leading operators, and more than 400,000 5G Massive MIMO AAUs have been sent to all parts of the world. The production and supply of optical transmission, data communication, and IT have grown steadily.
Enterprise business targets the overall enterprise market. As of the third quarter, more than 700 cities, 228 Fortune 500 and 58 Fortune 100 companies have chosen Huawei as their digital transformation partner.
In terms of cloud business, in the third quarter, Huawei released its overall computing strategy for the first time, launching the world’s fastest AI training cluster Atlas900 and Huawei Cloud Ascend AI cluster service, 112 new services based on Kunpeng and Ascend, and innovative products such as industrial intelligent bodies. Major breakthroughs have been achieved in industries such as government, Internet, automobile manufacturing, and finance; 3 million enterprise users and developers have been developing in the cloud on HUAWEI CLOUD.
In terms of consumer business, the smartphone business maintained steady growth, with shipments exceeding 185 million units in the first three quarters, a year-on-year increase of 26%; new businesses such as PC, tablet, smart wear, and smart audio achieved rapid growth. The ecosystem of Huawei Mobile Services (HMS) has developed rapidly, covering more than 170 countries and regions around the world, with more than 1.07 million registered developers worldwide.
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