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Huawei's 2021 annual report: R&D investment of 142.7 billion yuan, a total of more than 800 billion yuan in ten years

On March 28, Huawei released its 2021 annual report, which shows that Huawei's overall operation is stable, achieving global sales revenue of 636.8 billion yuan and net profit of 113.7 billion yuan, an increase of 75.9% year-on-year. Facing the future, Huawei will continue to increase its R&D investment, reaching RMB142.7 billion in R&D in 2021, accounting for 22.4% of its annual revenue, and its cumulative R&D investment in the past decade will exceed RMB845 billion.

Huawei's 2021 annual report: R&D investment of 142.7 billion yuan, a total of more than 800 billion yuan in ten years

Guo Ping, rotating chairman of Huawei, pointed out: "The company's overall operating situation is in line with expectations, the performance of operator business is stable, the enterprise business is growing steadily, the terminal business is developing rapidly in new industries, and the ecological construction has entered the fast lane. ”

Meng Wanzhou, Chief Financial Officer of Huawei, said: "Our scale has become smaller, but our profitability and cash flow acquisition capabilities are increasing, and the company's ability to cope with uncertainty is constantly improving. "Thanks to the improvement in the profitability of the main business, Huawei's operating cash flow has increased significantly in 2021, reaching 59.7 billion yuan; the asset-liability ratio has been reduced to 57.8%, and the resilience and resilience of the overall financial structure are strengthening."

Huawei's 2021 annual report: R&D investment of 142.7 billion yuan, a total of more than 800 billion yuan in ten years

In 2021, it will achieve sales revenue of RMB281.5 billion in the operator business area. Huawei has helped global operators deploy leading 5G networks, and according to third-party reports, Huawei has built the best user experience of 5G networks in 13 countries, including Switzerland, Germany, Finland, the Netherlands, South Korea, and Saudi Arabia. Together with operators and partners, Huawei has signed more than 3,000 commercial contracts for 5G industry applications, and 5G has been commercialized on a large scale in manufacturing, mining, steel, ports, and medical care.

Under the wave of digital transformation, Huawei's enterprise business achieved rapid growth, achieving sales revenue of 102.4 billion yuan. For key industries such as government, transportation, finance, energy, and manufacturing, Huawei released 11 scenario-based solutions and established legions such as coal mines, smart highways, customs, and ports to integrate resources and efficiently serve customers. More than 700 cities and 267 Fortune Global 500 companies have chosen Huawei for digital transformation, and the number of service and operation partners has grown to more than 6,000.

The terminal business adheres to the consumer-centric approach, builds a global ecosystem of intelligent connection of all things and billions of billions of connections, brings all-scenario smart life experience to global consumers, and achieves sales revenue of 243.4 billion yuan. Smart wearables, smart screens, TWS headsets and consumer cloud services all continued to grow, with wearables and smart screen business revenue increasing by more than 30% year-on-year. With more than 220 million Huawei devices equipped with HarmonyOS, it is the fastest growing mobile terminal operating system in the world.

In the past year, Huawei has adhered to the concept of openness, collaboration, and altruism, and focused on building a prosperous Euler, Shengsi, and Hongmeng ecosystems, and more than 8 million developers have adopted Huawei's open platform, open source software, and rich development tools to explore innovative business scenarios and business models.

Guo Ping stressed: "Huawei will move forward in the direction of digitalization, intelligence, and low carbon, rely on the three elements of talent, scientific research, and innovation spirit, continue to increase investment, and strive to reconstruct the technical base of basic theory, architecture, and software to build long-term competitiveness." ”

Red Star News reporter Pang Jian

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