Ken Hu, Huawei s Rotating Chairman, expects sales revenue to exceed 700 billion yuan in 2023

Mondo Finance Updated on 2024-01-31

On December 29, Ken Hu, Huawei's Rotating Chairman, said in his 2024 New Year's speech that after several years of hard work, the company has stood tall in the face of severe tests and basically returned to normal. Huawei's sales revenue in 2023 is expected to exceed RMB 700 billion, of which the ICT infrastructure business will remain stable, the terminal business will be better than expected, the digital energy and cloud business will achieve good growth, and the competitiveness of intelligent vehicle solutions will be significantly improved.

In his New Year's speech, Ken Hu first thanked his customers who have always trusted and supported Huawei, industry chain partners who have stood with Huawei through thick and thin, and all employees and their families who have worked hard and contributed silently. Over the past year, Huawei's employees have worked hard in the market and in the service line to ensure the stability and security of customers' networks. He highlighted the severe damage to communications infrastructure in many parts of China during the typhoon, and the fact that Huawei worked with operators to go to the forefront to get through the network, demonstrating its corporate social responsibility and responsibility.

In addition, Huawei's storage team in Europe has reversed the unfavorable business environment and won "very satisfaction" from customers with excellent solutions. In the Jakarta-Bandung high-speed rail project in Indonesia, the local delivery team practiced the concept of "in Indonesia, for Indonesia", and quickly completed the construction of the communication network along the line in 120 days. Progress has been made in business continuity and technological advancement, intelligent terminals have recovered their scale, MetaERP has completed the switch of more than 200 subsidiaries around the world, computing power has achieved large-scale breakthroughs and commercial use, basic software such as Euler operating system and Gaussian database have been applied in many industries, and Hongmeng's self-developed kernel has obtained the industry's highest level of security certification.

Looking ahead, Hu asked all business units to focus on value creation and "do more food". ICT infrastructure services should give full play to their comprehensive advantages in computing, storage, networking, and other fields, and comprehensively support the digital transformation and intelligent upgrading of various industries with system engineering capabilities. Carrier services should support customer network traffic filling, service innovation, and network evolution to help operators achieve business success. The terminal business should be committed to building king products and building a high-end brand with temperature. HUAWEI CLOUD business should become the foundation and enabler of the company's digitalization, and also become a reliable digital "black land" for all walks of life. The digital energy business needs to continuously improve product quality and competitiveness, seize the deterministic opportunity of low-carbon transformation, contribute more profits, and achieve valuable growth. Smart vehicle solutions work with partners to turn technological advantages into business success.

Finally, Hu Houkun emphasized that the overall strategic direction has been basically determined, and the company will continue to streamline its organs, simplify management, and follow the rules and regulations, and optimize it appropriately. Operational power has been shifted downward, and budget management has been collected. The company is advancing, and the cadres must also keep pace with the times, not only dare to fight, but also be good at fighting. We will continue to pragmatically carry out business environment, compliance, cyber security and privacy protection work to protect the bottom line of survival and escort business development.

Text, Picture |Reporter Pan Liang.

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