Page 49 - SAMENA Trends - July-August 2022
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REGIONAL & MEMBERS UPDATES SAMENA TRENDS
Huawei 2022 H1 Financial Results Reveal Solid Performance with a Focus
on the Future
Huawei announced its business results for explore which technologies will best serve In the device business, the HarmonyOS
the first half of 2022. Overall performance customers. Huawei Cloud maintained rapid ecosystem continues to grow rapidly.
was in line with forecast. In 2022 H1, growth in the first half of this year and HarmonyOS has already been deployed
Huawei generated $45 billion in revenue, has been widely recognized by customers on more than 300 million Huawei devices
with a net profit margin of 5.0%. The Carrier across several sectors like government, and HarmonyOS Connect has attracted
BG contributed $21.3 billion, the Enterprise finance, manufacturing, and the Internet. In more than 2,000 ecosystem partners.
BG $8.1 billion, and the Device BG $15.1 terms of product innovation, Huawei Cloud Over 170 million third-party HarmonyOS
billion. "While our device business was closely follows its "Everything as a Service" Connect devices have been shipped. As the
heavily impacted, our ICT infrastructure strategy. In the first half of 2022, Huawei world becomes fully connected, Huawei
business maintained steady growth," said Cloud released 15 innovative services, will continue to pursue this HarmonyOS-
Ken Hu, Huawei's Rotating Chairman. covering Infrastructure as a Service, centered device ecosystem using an open-
"Moving forward, we will harness trends Technology as a Service, and Expertise as a source strategy and allow more developers
in digitalization and decarbonization to Service. Moving forward, Huawei Cloud will to use, contribute to, and benefit from
keep creating value for our customers and continue to invest and innovate according Huawei's capabilities. Green development
partners, and secure quality development." to its "Everything as a Service" strategy and is now a global consensus. To support the
Huawei's R&D spending reached a high build the best cloud platform for industry- green agenda and help drive the digital
point in 2021. The company invested about specific innovation as the world heads economy forward, Huawei has continued
USD 22.38 billion, representing 22.4% of towards a golden decade of SaaS. Huawei innovating and proposed a three-layer
its total revenue and bringing its total R&D Cloud will also forge a new partner system solution: green sites, green networks, and
expenditure over the past ten years to over and help partners improve their capabilities green operations. Huawei aims to help
USD 132.5 billion. Moving forward, Huawei to achieve shared success. With Huawei carriers enhance network energy efficiency
will continue to invest heavily in R&D. In the Cloud serving as the foundation, in all areas. By integrating digital and
first half of this year, the carrier business Huawei will enable developers to grow power electronics technologies, Huawei
saw steady growth in line with forecasts. and contribute to a thriving developer is developing innovative digital power
The business reported stable development ecosystem through developer programs products and solutions that will drive the
in 5G, while other business modules like like the Huawei Cloud Developer Program. shift towards a green and low-carbon
optical networks, cloud core networks, Huawei Cloud has continued to expand its energy sector. By June 2022, Huawei's
services, and software grew rapidly. global presence. Together with partners, Digital Power solutions had already helped
Huawei's exploration into 5GtoB has been Huawei Cloud is currently operating 65 customers generate 588.5 billion kWh of
highly rewarding. Working with carriers Availability Zones in 27 Regions, including green power and save 17 billion kWh of
and partners, the company had signed UAE and the upcoming Saudi Region. electricity. These efforts have offset 290
more than 5,000 commercial contracts for According to Gartner, Huawei Cloud is million tons of CO2 emissions, equivalent
industrial 5G applications by June 2022. the 5th largest IaaS vendor in the world. to planting 390 million trees.
In some Middle East countries, such as
Saudi Arabia and the UAE, Huawei's 5GtoB
offerings have seen large-scale commercial
deployment across numerous industries,
including ports, mining, manufacturing, and
oil and gas. 5G Fixed Wireless Access has
seen wide adoption in home applications,
helping carriers achieve business success
with 5G among home and enterprise users.
During H1, Huawei's enterprise business
revenue grew steadily, exceeding 27% both
in and outside China. In the second half of
2021, the company established "integrated
teams". These teams focus on select
industries of strategic importance to the
company and work closely with partners to
create more customer value. Characterized
by shorter management chains, integrated
teams are designed to more rapidly
mobilize internal resources and delve
deep into industry-specific scenarios to
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