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Huawei's revenue in the first quarter was 131 billion yuan, down 13.9% year-on-year, Hu Houkun: In line with expectations

Huawei's revenue in the first quarter was 131 billion yuan, down 13.9% year-on-year, Hu Houkun: In line with expectations

Tech Planet News on the afternoon of April 28, Huawei released the first quarter revenue data. In the first quarter, Huawei's revenue was 131 billion yuan, down 13.9% year-on-year. Huawei's first-quarter net profit margin fell 6.8 percentage points year-on-year to 4.3%.

Hu Houkun, rotating chairman of Huawei, said: "The overall operating results are in line with expectations, the consumer business has been greatly affected, and the ICT infrastructure business has achieved stable growth. In addition, the company has increased its investment in research and development to maintain the ability to continuously innovate and create value for customers. ”

Hu Houkun said: "Thank you to customers and partners for their trust and support to Huawei. In 2022, the external environment is complex and changeable, and huawei will face great challenges in operation, and Huawei will work closely with customers and partners around the world to overcome difficulties. ”

It is worth mentioning that Yu Chengdong, CEO of Huawei Terminal and CEO of Huawei Car BU, revealed that the supply of Huawei mobile phones has been greatly improved, Huawei mobile phone production capacity has begun to recover, and this year Huawei mobile phones have begun to return.

Huawei's revenue in the first quarter was 131 billion yuan, down 13.9% year-on-year, Hu Houkun: In line with expectations

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