Huawei records $16bn sales revenue in H1

Huawei recorded sales revenue of $16.16 billion in the first half of 2012, a 5.1% increase over the first half of 2011, it revealed today.

Operating profit was $1.38 billion with the operating margin at 8.6%, an increase of 20.3% against the second half of 2011, but a decrease of 22% from the first half of 2011.

“In 2012, Huawei outlined our new pipe strategy and we will focus even further on this approach moving forward to ensure more effective growth and greater efficiency to drive continued improvements in operating performance,” said Meng Wanzhou, chief financial officer at Huawei.

“We are relatively optimistic about our operating performance and profitability for the remainder of 2012,” she added.

In the first half of 2012, Huawei’s three business groups (BGs) – Huawei Carrier Network, Huawei Enterprise and Huawei Device – achieved considerable progress in technological innovation and market expansion.

Huawei’s Carrier Network BG consolidated its leadership role by launching the GigaSite solution – the first to deliver gigabyte capacities to individual wireless sites – and it also unveiled AtomCell, the most integrated solution for small cells in the industry.

Huawei deployed 38 of the 80 commercial LTE networks launched worldwide and Huawei LTE services now support 200 million people.

It also maintained its leadership position in the optical access, optical transport and packet microwave markets, launched the first comprehensive telecom cloud solution for carriers, and helped build the China Mobile Data Centre, the world’s largest carrier data center.

In the enterprise sector, Huawei restructured Huawei Symantec’s business and enriched its ICT solution portfolios for enterprises. It launched the CloudEngine 12800 – a world-leading core switch for data centres – and was also the first to offer full-view telepresence products that deliver a more natural face-to-face experience.

Huawei now has more than 2,000 channel partners worldwide, including over 200 tier-1 channel partners such as distributors and value-added partners.

In the consumer field, Huawei entrenched its presence in the global high-end smartphone market with flagship models like Ascend P1 and Ascend D1 becoming bestsellers in China, Western Europe, Japan, Australia and Canada. Huawei now holds 12.16% market share for smartphones in China, ranking second, according to Analysys International.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


The free newsletter covering the top industry headlines