Adam WANG SHANGHAI MEGA
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Exceeding expectations: Huawei's revenue in 2018 will exceed 100 billion US dollars for the first time
5G News 2018-11-30 17:31:40
“Without problems, we can reach the $100 billion revenue,” said Eric Xu, one of Huawei’s rotating president, in an interview with CNBC.
CNBC reported that the rotating boss of the Chinese technology giant Huawei said on Thursday that Huawei's revenue in 2018 will exceed 100 billion US dollars for the first time.
Eric Xu, one of Huawei's rotating chairmanship, said in Mandarin to CNBC that the business growth was "slightly better than expected".
Xu Zhijun(Eric Xu)did not elaborate on the factors driving growth.
According to the exchange rate at the end of the reporting period, Huawei generated 325.7 billion yuan in revenue in the first six months of 2018, about $49 billion. For the whole year of 2017, Huawei reported revenue of US$95.2 billion, or approximately RMB603.6 billion, based on year-end exchange rates.
CNBC also reported that the growth so far has been mainly due to the strong performance of various businesses, especially the growing consumer sector. In terms of market share, Huawei is currently the world's second-largest smartphone maker, ahead of Apple.
The 5G No. 1 thinks that although Huawei's wireless 5G services are frequently blocked, from the current results, 22 global contracts and 1W base stations have achieved certain results.
Ali's 2017 revenue was 158.273 billion yuan, Tencent 2017 revenue was 237.76 billion yuan, Baidu 2017 revenue was 84.8 billion yuan, Xiaomi 2017 revenue was 114.6 billion, Jingdong 2017 revenue was 362.3 billion, Huawei's 2017 revenue was 603.6 billion, and other domestic important technologies Compared with the company, Huawei's volume is indeed large enough.
Huawei's 2018 revenue is expected to exceed RMB 694.2 billion, and it is expected to exceed the 700 billion yuan mark. It is worth looking forward to.
5G News 2018-11-30 17:31:40
“Without problems, we can reach the $100 billion revenue,” said Eric Xu, one of Huawei’s rotating president, in an interview with CNBC.
CNBC reported that the rotating boss of the Chinese technology giant Huawei said on Thursday that Huawei's revenue in 2018 will exceed 100 billion US dollars for the first time.
Eric Xu, one of Huawei's rotating chairmanship, said in Mandarin to CNBC that the business growth was "slightly better than expected".
Xu Zhijun(Eric Xu)did not elaborate on the factors driving growth.
According to the exchange rate at the end of the reporting period, Huawei generated 325.7 billion yuan in revenue in the first six months of 2018, about $49 billion. For the whole year of 2017, Huawei reported revenue of US$95.2 billion, or approximately RMB603.6 billion, based on year-end exchange rates.
CNBC also reported that the growth so far has been mainly due to the strong performance of various businesses, especially the growing consumer sector. In terms of market share, Huawei is currently the world's second-largest smartphone maker, ahead of Apple.
The 5G No. 1 thinks that although Huawei's wireless 5G services are frequently blocked, from the current results, 22 global contracts and 1W base stations have achieved certain results.
Ali's 2017 revenue was 158.273 billion yuan, Tencent 2017 revenue was 237.76 billion yuan, Baidu 2017 revenue was 84.8 billion yuan, Xiaomi 2017 revenue was 114.6 billion, Jingdong 2017 revenue was 362.3 billion, Huawei's 2017 revenue was 603.6 billion, and other domestic important technologies Compared with the company, Huawei's volume is indeed large enough.
Huawei's 2018 revenue is expected to exceed RMB 694.2 billion, and it is expected to exceed the 700 billion yuan mark. It is worth looking forward to.