On March 30th, Huawei released the 2017 annual report independently audited by the international accounting firm KPMG. The report shows that Huawei achieved a global sales income of 603.6 billion yuan (approximately US$ 92.5 billion at the end of 2017 exchange rate), compared to 2016. The 521.6 billion yuan rose by 15.7%; the net profit was 47.5 billion yuan (7.3 billion US dollars), a substantial increase of 28.1% year-on-year.
'We stand at a new starting point. Future opportunities and challenges can be met at a faster rate. Huawei relies on technological innovation to enable digital and intelligent transformation. Looking forward to 2018, the Internet of things, cloud computing, artificial intelligence and 5G Emerging technologies, such as emerging technologies, are accelerating toward commercial scale. We must not only grasp the trends of technological innovation and business transformation, but also pay attention to the challenges customers face in the process of digital transformation, help customers solve problems, achieve commercial success, and bring the digital world into the market. Everyone, every family, every organization, builds an interconnected smart world. 'Hu rotating chairman Hu Houkun said at the annual report conference.
In 2017, Huawei's four primary business units all showed positive and steady upward momentum. Among them, Huawei's innovative solutions in the carrier's business area tapped existing network potentials, captured video, IoT, cloud communications and other opportunities to achieve sales revenue. The company's business totaled 297.8 billion yuan, an increase of 2.5% year-on-year. In the business sector, innovations in cloud computing, big data, enterprise parks, data centers, and the Internet of Things were promoted, and they were widely used in various industries, achieving sales revenue of 54.9 billion yuan, a year-on-year increase. 35.1%. In the field of consumer services, Huawei and Glory both keep pace with the rapid growth of the market. Huawei (including Glory) smartphones shipped 153 million units a year, achieving a sales revenue of 237.2 billion yuan, an increase of 31.9% year-on-year. In the business area, the newly established Cloud BU, launched 99 categories of 99 cloud services and more than 50 solutions, released EI (Enterprise Intelligence) enterprise intelligence, and developed more than 2,000 cloud service partners.
'In 2017, Huawei's operating results were healthy and its finances were sound. Benefiting from the economies of scale brought about by the rapid growth of consumer and business businesses, and through continuous management changes to improve efficiency, Huawei maintained a reasonable and stable profitability, abundant cash reserves, and capital structure. Robust, strong anti-risk capability. In 2018, Huawei will continue to operate steadily to create value for its customers. ' Huawei vice chairman, group CFO Meng Wanzhou pointed out.
It is worth mentioning that Huawei still maintains pressure and strengthens R&D and innovation. After R&D expenditure exceeded US$10 billion for the first time in 2016 (RMB 76.4 billion), its 2017 R&D expenses increased to 89.7 billion. Yuan (USD 13.8 billion), an increase of 17.4% year-on-year; investment in R&D for the last ten years exceeded 394 billion yuan ($60.4 billion). In Huawei, approximately 80,000 people are engaged in research and development, accounting for 45% of the company's total. In the 2017 global corporate R&D investment ranking released by the European Commission, Huawei ranks sixth in the world with 10.363 billion euros, and China ranks first.
In 2017, Huawei updated its vision and determined to bring the digital world to everyone, every family, and every organization, and build an intelligent world of interconnected worlds. In the smart world of full connectivity, Huawei positions itself as the middle This bridge is also a 'black land' that connects all things. By focusing on ICT infrastructure and smart terminals, it provides an informational, automated, intelligent 'dark land' where the contents, applications, and clouds of various partners grow. Form a common power-oriented customer, ie individuals, families and organizations.
