Huawei's Q1:
Net profit is up 564% from last year!
Yu Dazui, stepping down as CEO?
This is really an "exclamation", a "surprise"!
Do you know?
In the first quarter of 2024, Huawei's report card just passed, but people couldn't help but marvel!
The revenue was as high as 178.45 billion yuan, 36.66% more than this time last year, and the net profit soared to 19.65 billion yuan like a rocket, a direct increase of 564% over last year!
This momentum is like an unstoppable warrior, telling the world:
No matter what difficulties lie ahead,
We at Huawei are fearless!
Some people are worried, will Huawei's skyrocketing price squeeze the market share of its peers?
Speaking of which, according to the available quarterly report, Transsion Holdings, another big man in the mobile phone industry, is not to be outdone, and their quarterly report also shows the same growth trend, with both revenue and net profit increasing significantly.
This makes one applaud the prosperity of the entire industry.
It turns out that Huawei's success has not suppressed the same industry, but has stimulated everyone's fighting spirit, innovated and increased the market, and formed a healthy competitive environment.
It seems that Huawei is really the "darling" that the whole world can't live without.
And when it comes to Huawei, we have to mention the legend who is "far ahead" - Yu Chengdong.
They all say I love to brag, just
I've made all the boasts come true.
He is very powerful in Huawei's terminal business. However, this "Yu Dazui" is about to step down as CEO! The new chairman of Huawei's terminal business.
Since becoming CEO in 2011, in the past 13 years, Huawei's mobile phone business has soared from $3 billion to $14 billion, which is really a big credit.
His slogan of "far ahead" is still fresh in people's memories, and every time I hear it, it makes people's blood boil.
However, Huawei's internal management is also top-notch. This personnel change can be said to be their normal management arrangement.
Although Yu Chengdong is no longer the CEO, he will continue to shine in the chairman's position. He Gang will be succeeded by He Gang, the former chief operating officer of Huawei's device BG, who will take over the position of CEO and continue to be "far ahead".
This arrangement not only allows Yu Chengdong to have more energy to create better products for consumers, but also makes the whole team more energetic and expectant, and it is also Huawei's "focus" strategy.
Take a look at the latest data to gauge the market. In the first quarter of 2024, the smartphone market in Chinese mainland picked up, with shipments reaching 67.7 million units, the same as this time last year.
Huawei, on the other hand, has experienced 13 quarters of market experience and hardships, which can be described as ups and downs, and its fate hangs by a thread.
From the peak, to being fully banned without cores, to "Yu Dazui" Songshan Lake fishing chips, to full localization, and then to the "free endorsement" of Minister Lei Cauliflower of M country, until the first quarter of this year once again became the leader of the Chinese mainland market, with shipments reaching 11.7 million units, accounting for 17% of the market share.
Behind this, it is all the result of the efforts of Huawei people, and the credit for the great popularity of their Mate and nova series phones in the market.
Therefore, in the first quarter of 2024, Huawei really shined, not only soaring in performance, but also making major personnel adjustments, laying a solid foundation for future development.
We believe that Huawei will continue to bring better products to consumers and promote the development of the entire industry, so let's look forward to their wonderful performance in the future.
Friends, what do you think of "Yu Dazui" stepping down as CEO? Will we still be able to "lead far ahead" together in the future?