In the first half of 2023, Huawei recorded revenue of USD 42.96 billion, up 3.1% year-on-year, with a net profit margin of 15.0%. Accordingly, revenue from Huawei's ICT Infrastructure and Consumer Business segments reached USD 23.10 billion and USD 14.30 billion, respectively. Meanwhile, Huawei's Cloud, Digital Power, and Intelligent Automotive Solution (IAS) businesses recorded revenue of USD 3.33 billion; USD 3.34 billion and USD 137.8 million, respectively.
Huawei announces first half 2023 business report.
Ms. Meng Wanzhou, Huawei Rotating Chairwoman, said: “I would like to thank Huawei’s customers and partners for their continued support. I would also like to thank the entire Huawei team for their solidarity and dedication.
We continue to invest heavily in foundational technologies to tap into trends in digitalization, intelligence and carbon reduction, while focusing on creating more value for our customers and partners.
In the first half of 2023, Huawei's ICT infrastructure business continued to develop sustainably and steadily. The Consumer Business also recorded signs of growth. In particular, there was strong development in the two businesses of Huawei Cloud and Huawei Digital Power. In addition, our products engaged in the field of intelligent connected vehicles also continued to maintain their competitiveness in the market."
Founded in 1987, Huawei is a leading global provider of ICT infrastructure and smart devices. We have more than 195,000 employees, operate in over 170 countries and regions, and serve more than 3 billion users worldwide.
Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To achieve this, we will drive ubiquitous connectivity and promote equitable access to networks; bring cloud and AI to every corner of the world to deliver superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient and dynamic; and redefine the user experience with AI, making it more personalized for people in every aspect of their lives, whether they are at home, in the office or on the go.
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