China News Agency, Beijing, July 13th (Reporter Liu Yuying) Huawei released its operating results for the first half of 2020 on the evening of the 13th. During this period, Huawei's sales revenue increased by 13.1%.
In the first half of 2020, Huawei achieved sales revenue of 454 billion yuan (RMB, the same below), a year-on-year increase of 13.1% and a net profit margin of 9.2%.
Among them, operator business revenue was 159.6 billion yuan, enterprise business revenue was 36.3 billion yuan, and consumer business revenue was 255.8 billion yuan.
Huawei said that at present, countries are working hard to meet the epidemic challenges. ICT (information and communication) technology not only plays an important role in the fight against epidemics, but also is the engine of economic recovery. Huawei is willing to work with operators and partners from all walks of life to ensure the stable operation of the network Accelerate digital transformation to help countries fight the epidemic and restore the economy.
Huawei said that in the face of a complex external environment, open cooperation and mutual trust in the global industry chain are increasingly important. Regardless of the difficulties encountered, Huawei will strive to fulfill its obligations with customers and suppliers, continue to strive for survival and development, and contribute to the development of the global digital economy and technology.
In May 2019, the United States included Huawei on the list of entities. U.S. companies must obtain approval from the U.S. government before they can trade with Huawei.
On May 15 this year, the United States revised the rules for foreign direct products. Huawei and all its affiliates use chip products manufactured by equipment that is included in the control list of the US Department of Commerce, even if they are produced outside the United States, they are subject to the rules. . (Finish)