China News Service, Beijing, April 12 (Reporter Liu Yuying) Xu Zhijun, Huawei's rotating chairman, shared with the outside world on the 12th the company's operating conditions and explained five key strategic measures in the future, and called for rebuilding trust and restoring cooperation in the global semiconductor industry chain.

  At the 18th Huawei Global Analyst Conference held on the same day, Xu Zhijun said that Huawei will achieve satisfactory results in 2020 in the context of the new crown pneumonia epidemic and sanctions.

  In 2020, Huawei’s sales revenue was 891.4 billion yuan (RMB, the same below), a year-on-year increase of 3.8%; net profit was 64.6 billion yuan, a year-on-year increase of 3.2%.

  "The main time in 2020 is to constantly respond to sanctions; 2021 is a year that continues to be full of challenges, and it is also the beginning of Huawei's future development strategy that is gradually clear," said Xu Zhijun.

  Huawei has been optimizing its industrial portfolio and enhancing its industrial resilience since 2020.

Xu Zhijun introduced that in the future, it is necessary to enhance software capabilities, strengthen investment in advanced technology and weakly related industries and smart auto parts industry; promote the full use of 5G value, define 5.5G, and lead the continuous evolution of 5G; create a seamless smart experience in all scenarios with the user as the center ; Reduce energy consumption through technological innovation and realize a low-carbon society.

  In addition, Huawei is also working hard to solve supply problems.

According to Xu Zhijun, there is no problem with Huawei's chip reserves meeting toB (industry application) business needs.

For the use of chip reserves, there are two directions in the future. One is to use these reserves to support a longer period of time, and the other is to focus more on some markets and some customers.

  Xu Zhijun said that due to the US sanctions on Huawei, global companies panic stockpiling.

All companies hope to change from the original zero inventory to a three-month, six-month, or even longer period of stocking.

This panic stocking has become a core factor in the tight global semiconductor supply and supply shortage this year.

"Unlocking the bell must be a person", Xu Zhijun said, calling on global leaders to pay full attention to the potential huge risks, use their political wisdom, jointly rebuild global trust, and resume cooperation in the global chip industry chain as soon as possible.

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