Huawei's global sales revenue in 2024 will be 862.1 billion yuan, and net profit will reach 62.6 billion yuan

[ Gearbest Technology News]On March 31, Gearbestlearned that Huawei’s official website showed that Huawei officially released its 2024 annual report today. The report shows that Huawei's operating results are in line with expectations and its results are outstanding.

In 2024, Huawei will achieve global sales revenue of 862.1 billion yuan and net profit of 62.6 billion yuan. In terms of R&D, Huawei continues to increase investment. In 2024, R&D investment will reach 179.7 billion yuan, accounting for approximately 20.8% of annual revenue. The cumulative R&D expenses invested in the past ten years have exceeded 1.249 billion yuan, demonstrating its firm determination for technological innovation.

Rotating Chairman Meng Wanzhou said that in 2024, all Huawei employees will actively respond to external challenges and make unremitting efforts to improve product quality, operational quality, and operational efficiency, and the operating results will be in line with expectations. She expressed her sincere gratitude to customers, suppliers, partners, developers, consumers, all employees and their families around the world.

The performance of each business segment is remarkable. The connectivity industry maintained steady operations during the trough of the industry investment cycle; the computing industry relied on a layout ten years in advance to seize the AI ​​opportunity and achieve greater growth; the terminal business returned to the fast lane of growth, and Hongmeng Ecosystem achieved a historic breakthrough; Huawei Cloud continued to optimize its business structure; digital energy prioritized quality; and smart car solutions achieved profitability for the first time in the year.

Looking forward to 2025, Meng Wanzhou emphasized, “In 2025, Huawei will further implement 'win through quality' into various management systems and business activities, adhere to quality goals and continuously improve quality competitiveness.” At the same time, Huawei will continue to strengthen its roots. It adheres to the concept of “openness, collaboration, and altruism” and opens up platform capabilities to ecological partners around Hongmeng, Kunpeng, Ascend, cloud computing and other businesses, and continues to provide developers with easy-to-use tools and products to accelerate ecological prosperity and jointly promote industrial vitality. “

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