China News Agency, Beijing, April 21 (Reporter Liu Yuying) Huawei announced its operating results for the first quarter of 2020 on the 21st. In the first quarter, the company achieved sales revenue of 182.2 billion yuan, a year-on-year increase of 1.4% and a net profit margin of 7.3%.
Huawei stated that under the global spread of the new crown epidemic, Huawei and its supply chain partners have overcome difficult production challenges and resumed production in an orderly and timely manner. Huawei's various businesses are operating normally, and the overall operating results are in line with expectations.
At present, Huawei has fully resumed production and resumed work. Huawei founder Ren Zhengfei said in an interview with the media that the epidemic has a certain impact on Huawei's production, sales and delivery, but it is estimated that the annual plan will not have an impact.
Ren Zhengfei said that some of the international contracts are now expansion projects, which are completed in the computer room and implemented through software upgrades. No field work is required, so contract sales can continue to grow.
During the epidemic, Huawei helped global operators ensure the stability and safe operation of the network to meet people's needs for online office, online education, and online purchase of living supplies during social isolation.
Huawei said that due to the need for epidemic prevention and control, Huawei and partners have launched a variety of 5G and AI (artificial intelligence) medical applications. For example, AI-assisted new crown CT diagnosis reduces the CT viewing time from 12 minutes to 2 minutes to help doctors improve the diagnosis efficiency; 5G remote video consultation to make up for the lack of first-line expert resources and improve the diagnosis and treatment rate of critical patients; Improve the efficiency of epidemic prevention and control in public places. (Finish)