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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