Huawei announces 2022 H1 business results

ISLAMABAD, August 12 (SABAH): Huawei announced its business results for the first half of 2022 on Friday. Overall performance was in line with forecast.

In 2022 H1, Huawei generated $45 billion in revenue, with a net profit margin of 5.0%. The Carrier BG contributed $21.3 billion, the Enterprise BG $8.1 billion, and the Device BG $15.1 billion.

“While our device business was heavily impacted, our ICT infrastructure business maintained steady growth,” said Ken Hu, Huawei’s Rotating Chairman. “Moving forward, we will harness trends in digitalization and decarbonization to keep creating value for our customers and partners, and secure quality development.”

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 195,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world.

Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go.