Huawei's revenue in the first half of 2023 was 310.9 billion yuan, a year-on-year increase of 3.1%, and the net profit margin reached 15%

Huawei today released its operating results for the first half of 2023, announcing that its overall operations were stable and achieved expected results

In the first half of the year, Huawei achieved sales revenue of 310.9 billion yuan, a year-on-year increase of 3.1%, net Profit rate 15.0%. Among them, ICT infrastructure business revenue was 167.2 billion yuan, terminal business revenue was 103.5 billion yuan, cloud computing business revenue was 24.1 billion yuan, digital energy business revenue was 24.2 billion yuan, and smart car solution business revenue was 10 billion yuan.

Meng Wanzhou, Huawei’s rotating chairman, expressed her gratitude to customers and partners, and praised the unity and struggle spirit of all employees. She emphasized that Huawei is closely following the development trends of digitalization, intelligence, and low-carbonization, continuously increasing its investment in root technologies, and focusing on creating value for customers and partners. She predicted that by the first half of 2023, Huawei's ICT infrastructure business will remain stable, terminal revenue will grow, digital energy and cloud businesses will achieve good growth, and the competitiveness of incremental smart car components will continue to improve

According to the latest quarterly mobile phone tracking report from International Data Corporation (IDC), Huawei's performance in the high-end market (above $600) in the second quarter of 2023 increased by 76.1% year-on-year among TOP manufacturers with the performance of the P60 series and the folding screen Mate X3 series. %, and maintained the second position

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