Huawei Releases Business Results for First Three Quarters of 2021

Press release

Published October 31st, 2021 - 08:08 GMT

Huawei.

Huawei released its business results for the first three quarters of 2021. During this period, Huawei generated USD70.44 billion in revenue, and its net profit margin was 10.2%.

"Overall performance was in line with forecast," said Guo Ping, Huawei's Rotating Chairman. "While our B2C business has been significantly impacted, our B2B businesses remain stable. Through our ongoing commitment to innovation, R&D, and talent acquisition, and rigorous attention to operating efficiency, we are confident we will continue to create practical value for our customers and the communities in which we work."

"We would like to thank our customers and partners for their ongoing trust and support," continued Guo. "With their collaboration, and the excellent work and dedication of our Huawei team across the globe, we will together use digital technology to drive a greener, intelligent world."

Background Information

Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.