TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Tracker

Huawei announces 2017 H1 business results

Via Huawei Corporate News

Jul 27, 2017

Revenue hits CNY283.1 billion, a 15% increase year-on-year

[Shenzhen, China, July 27, 2017] Huawei today announced its business results for the first half of 2017. In the first six months of this year, Huawei generated revenue of CNY283.1 billion, an increase of 15% over the same period last year. The company's operating margin was 11%. [1]

Huawei continued to boost the efficiency and quality of its operations, and achieved solid growth across all three of its business groups in the first half of 2017. The company is expected to maintain its current momentum, and round out the year in a positive financial position.

In the carrier business, Huawei continues to focus on enabling customer success and to help global carriers drive digital transformation in all industries. Its business solutions help carriers lower the cost of their network construction from end to end. The company is leading collaborative innovation in 5G, continuing to innovate in 4.5G, and seizing key opportunities arising from video, B2B, and the Internet of Things (IoT). With Huawei's support, carriers are building All-Cloud networks and unlocking the potential of their existing networks. Together, Huawei and carriers are following the path toward new, value-driven growth.

In the enterprise business, Huawei continues to build open, resilient, flexible, and secure ICT platforms. More and more industry-leading companies have chosen Huawei as their partner for digital transformation. As new developments in ICT continue to accelerate the digital transformation of industries, Huawei's innovative products and solutions, including cloud computing, All-Cloud networks, enterprise wireless, IoT, big data, storage, and servers, have been widely adopted in sectors like government, finance, electricity, transportation, manufacturing, and especially safe city. Huawei has also stepped up efforts and investment in the areas of industry alliances, business alliances, open source communities, and developer platforms in order to build an open digital ecosystem.

Huawei's Consumer BG has maintained its tight focus on the needs of consumers. Working with top global partners, the Consumer BG focuses on meaningful digital-era innovations that enable the delivery of smart gadgets offering an inspired experience to global consumers. Huawei's flagship products, such as the HUAWEI Mate 9, HUAWEI P10, Honor 9, and HUAWEI MateBook E/X/D, have been well received by consumers worldwide. The company has achieved new levels of global recognition as a premium brand.

Huawei is committed to building an open ecosystem and exploring the future with its partners. The company will continue its pipe strategy and focus on ICT infrastructure in order to create value for customers and achieve sustainable growth.

[1] The disclosed data has not been reviewed by Huawei's auditor; exchange rate: US$1.00 = CNY6.7671.

Related Topics
  • 5G Evolution,
  • Asia-Pacific,
  • Finance & Banking,
  • Huawei,
  • News,
  • Tracker,
  • Transformation

More Like This

Digital Platforms and Services

Rakuten Symphony proves 4x productivity boost for radio access network planning

Feb 3, 2023

Access Evolution

Ofcom consults on proposed Openreach FTTP pricing offer

Feb 3, 2023

Access Evolution

Deutsche Telekom completes majority sale of GD Towers

Feb 3, 2023

Digital Platforms and Services

GNX secures growth funding from Lexar Partners to accelerate growth in the dynamic global connectivity market

Feb 3, 2023

Open RAN

Mavenir proves AMD technology across its Open RAN OpenBeam Radio and Converged Packet Core portfolio

Feb 3, 2023

This content extract was originally sourced from an external website (Huawei Corporate News) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).