HUAWEI generates increased revenue in 2022 (CNY 642.3 billion), invests CNY 161.5 billion in R&D

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HUAWEI generates increased revenue in 2022 (CNY 642.3 billion), invests CNY 161.5 billion in R&D
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The company generated CNY 642.3 billion (around PHP 5.1 trillion) in revenue and CNY 35.6 billion (around PHP 282.5 billion) in net profit last year! GIZGUIDEPH GadgetCoach TechPH HUAWEI

HUAWEI to further invest in R&DHUAWEI said that it has had steady operations throughout 2022. The company generated CNY 642.3 billion in revenue and CNY 35.6 billion in net profit during the period. The group also invested CNY 161.5 billion in R&D last year, equivalent to 25.1 percent of its revenue.HUAWEI's revenue rose from 0.9 percent in 2022. Its enterprise business revenues in 2022 grew 30 percent.

HUAWEI said that it has continued to open up its platform capabilities across HarmonyOS, Kunpeng, Ascend, and cloud portfolio, focusing on improving developer experience as well as enabling and supporting its ecosystem partners on all fronts for further growth. This 2023, HUAWEI is confident in its ability to rise above any challenge for sustainable survival and development.

In the Philippines, the company has been in the country for 20 years. Apart from helping in building the digital journey of the country, it has also helped in cultivating ICT talents.

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