Huawei's 2019 revenue to jump 18%, forecasts 'difficult' 2020
SHANGHAI (Reuters) - Huawei Technologies on Tuesday said its full-year revenue would likely jump 18% in 2019 to 850 billion yuan ($121.72 billion), lower than its earlier projections, as a U.S. trade blacklisting curbed growth and disrupted its ability to source key parts.
Huawei's Rotating Chairman Eric Xu revealed the numbers in a New Year's message to employees and customers in which he also forecasted 2020 to be a "difficult year', saying that the firm was unlikely to grow as rapidly as it did in the first half of this year.
The company did not break down fourth-quarter figures but according to Reuters calculations based on its previous statements, revenue in the quarter to end Dec. 31 rose to 239.2 billion yuan ($23.28 billion), up 3.9% from a year earlier and slower than the 27% increase it reported in the third quarter.
"The external environment is becoming more complicated than ever, and downward pressure on the global economy has intensified," he said.
Xu also said that Huawei shipped 240 million smartphones this year, a 20% increase from 2018. Huawei has mainly sold smartphones that were launched before the ban.
Xu said in his letter that Huawei would in 2020 "go all out" to build its Huawei Mobile Services ecosystem, which comprises services such as cloud storage and an app gallery, describing it as "the foundation of our ability to sell smart devices in markets outside China".
It is also developing its own mobile operating system known as Harmony, although analysts are skeptical that the system is a viable alternative.
译文来源：三泰虎 http://www.santaihu.com/49096.html 译者：Joyceliu
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Thank for the free advertisement from Trump and the US go nment, Huawei's 2019 revenue to jump 18%.
The so-called "security trap" of the US side in reality it is absurd. According to its absurd logic, as long as it's Chinese, it's unsafe. Can't Americans wear clothes and shoes made in China? They may also pose a security threat, right? Microsoft CEO Bill Gates not long ago at a public event, made a very interesting analogy by saying that China has purchased a large number of Boeing aircraft with American software on them, and by the logic of some people in the United States, China should also be highly skeptical and distrustful that the United States will issue strange instructions to make the engine of Boeing aircraft suddenly shut down. Who in China or other countries dares to buy American made aircraft, cars or anything else?
When Huawei is allowed to do business in the U.S. I will be buyng their smart phone. It is as good as the Apple iphone or better and it costs less.
90% of Huawei revenue come from mainland Chinese forced to buy Huawei.
While traveling overseas I saw the products of this brand and they are top notch
I'd buy a Huawei over an Apple.
Revs without profit numbers mean nothing... Giving away phones at cost is not impressive.
Reading this on a Mate 30 Pro 5G
Any profit from the revenue?
Huawei and all other Chinese tech companies should soon only rely only on parts and devices "Made in China by Chinese Firms" and to "Make China Stronger, More Prosperous and Greater Again"
It's not easy to kill off a company that generates over $120 Billion in annual sales revenue.
Huawei's data is as accurate as the North Korean Ministry of food and agriculture' annual report..
if a co like this is putting a phone in your pocket quarter price what an iPhone puts there are a lot of resentments of course
good job huawei
No wonder! Huawei is our 50th State!
No one on the planet does more hacking and spying on it's own citizens , than the US does , they use Apple , Samsung and Windows to do it .My next phone will be a Huawei , as good or better than i phone at 1/2 to 2/3 the price. No built in back doors for the NSA to use and spy on me .
All Chinese people, living either in China or outside China should unite for a better China future. Buy Chinese products.
I refuse to buy a CCP phone. Samsung is OK though.
Chinese companies need technology and American companies need market. It could be a win-win situation. We are going to see whether Chinese companies like Huawei die down or American companies lose the technical advantage.
Well done Huawei indeed, keep up with the good work.
You can lie to some of the people all of the time; And you can lie to all of the people some of the time. But you can not lie to all of the people all of the time. Two weeks ago the two leading German telecom firms went Huawei. India just announced yesterday to go Huawei...just a couple of examples. USA, come on, roll up your sleeve and COMPETE. Stop being a spoiled kid and keep whining. Make us proud.
What doesn't kill you makes you stronger. The US wants to kill Huawei and Huawei becomes even stronger, haha