Huawei's profits plummeted 68.7%, which is the biggest in the investment world.
Hello everyone, I am Lin Chiling of your financial circle. As a giant in the technology field, Huawei's profit collapse has had a great impact on the entire industry. Not a matter of one day or two, since Huawei was included in the "Entity List" in 2019, Huawei's sales in overseas markets have been greatly affected. At the same time, Huawei adheres to the principle of "R&D madmania", and will invest 161.5 billion yuan in R&D in 2022. The combination of these factors has led to Huawei's recent profit plummet.
However, Huawei's challenges as a representative of technology companies are not isolated. With the changes in the international situation, trade protectionism and technology blockade around the world have been escalating, which has put great pressure on technology companies. Against this backdrop, Huawei's profit plunge is just a microcosm. It reflects the great challenges faced by the entire technology company in the international market.
In addition to Huawei's plummeting profits, when will Huawei phones be able to use 5G chips? It is also a topic that is currently attracting much attention. Huawei's rotating CEO Xu Zhijun's answer was also very straightforward, "It depends on when it is licensed."
If the ban is lifted, Huawei is expected to continue to promote 5G technology around the world and bring better products and services to consumers.
It's like Daniel Zhang value the cloud business and divide Alibaba into six. Huawei's strategic direction for future development, in the field of cloud computing, HUAWEI CLOUD has become a domestic cloud computing service provider, and is expected to continue to expand its market share in the future.
For new energy vehicles, Huawei has made it clear that it will not build cars, but will help car companies build good cars and only be an incremental supplier of smart cars. Huawei, which has kept the bottom line in the controversy, where will it go in the future? Technology companies still have a long way to go this year, right?