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In 2020, Huawei's revenue reached an all-time high of 891.4 billion yuan, and the consumer business, which consists of smartphones alone, contributed 482.9 billion yuan.
This performance has not been sustained, because due to the impact of rules and restrictions, Huawei's various businesses have encountered changes. But after years of hard work by Huawei, it is expected that the revenue in 2023 will exceed 700 billion!
Huawei is back
Huawei has experienced a total of four rounds of U.S. sanctions, each of which is within the scope of escalating restrictions. In 2019, the U.S. Department of Commerce added Huawei and its subsidiaries to the Entity List, restricting the supply of technology and products to U.S. companies. This has made it impossible for Huawei to continue to buy U.S.-made chips and other critical components, with a significant impact on its supply chain.
In 2020, the United States implemented chip restrictions, resulting in the inability of Huawei's Kirin chip to be put into production. In addition, the 5G network capacity is also limited, because it cannot purchase foreign RF chips, so it has to build 4G mobile phones.
A series of actions in the United States have caused huge challenges to Huawei's various businesses, with revenue of 636.8 billion yuan and 642.3 billion yuan from 2021 to 2022, respectively. Although its revenue has declined, Huawei's R&D investment has been increasing year by year, above the 100 billion level, especially in 2022, when the R&D investment is as high as 161.5 billion.
The return on high R&D investment is also obvious, and in the past 2023, it can be found that Huawei has returned to normal operation. According to Huawei's rotating chairman, Ken Hu, Huawei's revenue is expected to exceed 700 billion yuan in 2023. This figure represents a significant increase of 10% compared to 2022.
The U.S. sanctions have had a significant impact on Huawei's business and development, especially in terms of supply chain and market access.
However, Huawei has taken a series of countermeasures, including self-developed chips and building its own ecosystem, to cope with these challenges. It is very rare to be able to withstand the pressure of four rounds of sanctions and achieve such excellent results. Foreign media: The king is back.
Huawei's 2024 goals
If 2022 is the year when Huawei turns the tide of danger, then 2023 is the year when Huawei returns as the king. And what about 2024?
"2024 is a critical year for native HarmonyOS, and we will build a strong HarmonyOS ecosystem, drive the rise of China's electronics industry, and open a new decade of future development of terminals," Yu Chengdong said. ”
This is a very ambitious goal that will create immeasurable value for China's information technology industry in the next decade. On the one hand, HarmonyOS will provide developers with more technical support and resources, stimulate innovation potential, and create more value and employment opportunities for China's information technology industry.
On the other hand, HarmonyOS is Huawei's self-developed operating system, and compared with Apple's iOS and Google's Android, Huawei is able to better control its own technological destiny. The success of HarmonyOS will give China greater autonomy and competitive advantage in the information technology industry.
The layout of the native application is to let Hongmeng embark on the road of independence, and there is no need to be compatible with Android APP to meet the needs in the future, and Huawei and domestic manufacturers can also establish a complete operating system ecology.
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