On August 28, Huawei Investment Holdings Co., Ltd. (hereinafter referred to as Huawei) released its first half financial report in the inter-bank market. In the first half of 2020, Huawei achieved operating income of 450.7 billion yuan, a year-on-year increase of 13.67%; net profit was 43.1 billion yuan, a year-on-year increase of 23.49%. ?
On a quarterly basis, Huawei has not been immune to the COVID-19 epidemic. Data show that in the first quarter of this year, Huawei's operating income was 180.6 billion yuan, a year-on-year increase of 2%; net profit was 13.347 billion yuan, a year-on-year decrease of 7.57%; however, entering the second quarter, profitability in the second quarter increased rapidly, achieving operating income of 270.1 billion Yuan, a month-on-month increase of 49.55%, and net profit was 29.753 billion yuan, a month-on-month increase of 122.91%. ?
According to a report by research firm Counterpoint, global smartphone shipments in April 2020 were 69.37 million units, of which Samsung’s mobile phone market share was approximately 19.1% and Huawei’s was approximately 21.4%. ?
Affected by the epidemic in April, global mobile phone sales fell by 41% year-on-year. However, under Trump’s high-pressure ban, Huawei overcame many difficulties and won the first place. This must be a special Trump didn't expect it. ?
Let us analyze the reasons why Huawei’s performance increased under the pressure of the United States:
1. Ren Zhengfei was elected chairman of the Global 5G Standards Association. ?
Trump’s suppression and ban on Huawei is to protect its own 5G technology and does not want Huawei’s 5G network technology to grow. However, in the face of Trump’s hysterical obstruction, Huawei was not intimidated. On the contrary, The more frustrated you become, the more courage you get.
Huawei has surpassed the United States in patents for 5G technology, and has built twice as many 5G base stations in China as in the United States.
2. Advantages of the Huawei brand’s own mobile phones
As we all know, Huawei has launched a ceiling-level mobile phone in the mobile phone industry in 2020. The P40 series of mobile phones launched with the highest standards in the mobile phone industry, in There are also nova series in the 3000 gear, as well as the play and X10 series in the low-end market, which have brought people a good experience. And Huawei has a mobile phone signal and security system that other mobile phones cannot do.
3. The Chinese people’s support for Huawei
After Trump announced that he would sanction Huawei, the Chinese people’s patriotic sentiments in supporting domestic products and supporting Huawei were extremely high. Everyone is doing their best to People choose Huawei mobile phones, and Huawei mobile phones do give people a perfect answer.
Finally, thank you for watching.