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Strong growth

Escrito por Redacción TNI el 19/05/2015 a las 17:51:54
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The overall revenue reached CNY288.2 billion (USD46.5 billion), an increase of 20.6 % compared to 2013, while net profit reached CNY27.9 billion (USD4.5 billion), up 32.7%.

 

“Our strong revenue growth in 2014 can be attributed to a continuous focus on our pipe strategy, while the profit increase stems from streamlined management and improvements in overall efficiency,” said Ken Hu, Deputy Chairman of the Board and Rotating CEO. “With heavy investment in innovations in areas such as cloud computing, big data, 5G, SDN and NFV, we believe we are well positioned to capture the tremendous business opportunities in this digital transformation era.”

 

Large-scale research investments are a key driver of this success. In 2014, Huawei invested CNY40.8 billion (USD6.6 billion) in R&D, which represents 14.2% of 2014 revenue. Over the past decade, Huawei has invested more than CNY190 billion (USD30.7 billion) in R&D.

 

European R&D investments are at the heart of this strategy. Huawei currently has over 9 900 staff based in Europe, of whom 1 200 are working in R&D. By 2016, this figure is expected to reach 1 600. We run 18 R&D sites located in eight European countries and operate numerous joint innovation centres across the continent.

 

“As 2015 unfolds, ICT technologies, notably broadband, cloud computing, Big Data, and the Internet of Things are becoming the engines that drive transformations in many industries,” Mr Hu highlighted. “Through the dedication of our employees, Huawei strives to become a strategic partner for carriers in their future transformation, a leader in providing enterprise ICT infrastructure, and a top smart device brand preferred and trusted by consumers.”