As a result of the sudden coronavirus pandemic, the passion of enterprises to go to the cloud has been unprecedentedly high. Last 12 months, Huawei Cloud ranked second within the Chinese language public cloud market. As well, Huawei’s Cloud service is also the quickest uprising on the planet. These statistics had been revealed by Huawei’s rotating chairman, Hu Houkun, at the annual report convention today.
Based on Huawei’s annual report, in 2020, the corporate’s world gross sales income hit 891.4 billion yuan ($135.7 billion). It is a year-on-year improvement of three.8%. Moreover, the corporate additionally record net revenue of 64.6 billion yuan ($9.8 billion), a year-on-year improvement of three.2%.
As in earlier years, Huawei’s annual report revealed related monetary knowledge for the three main companies together with operators, shoppers, and enterprises. Nonetheless, the corporate didn’t disclose monetary knowledge associated with the cloud enterprise. The corporate contains its Cloud enterprise as a part of its company enterprise. Nonetheless, in keeping with Hu Houkun, the expansion price of Huawei Cloud in 2020 is as excessive as 168%.
“Huawei Cloud has made nice efforts within the ecology”. The annual report exhibits that Huawei Cloud has launched greater than 220 cloud companies, greater than 210 options, has obtained greater than 80 authoritative safety certifications worldwide. The corporate has additionally labored with over 19,000 companions bringing collectively at least 10,000 builders and greater than 4,000 functions to the cloud market.
Huawei’s smartphone business continues to be growing down
It’s fairly attention-grabbing that Huawei continues to be doing effectively regardless of the setback from the U.S. ban. Really, the ban by the U.S. mainly impacts solely Huawei’s smartphone enterprise. In this regard, the corporate’s smartphone enterprise goes down. It needed to unload its Honor sub-brand to guard the model from the whole crumble.
Up to now, its smartphones have been largely unavailable due to the ban. Nonetheless, doesn’t have entry to new flagship chips. Thus, it has to make do with the stock which it acquired from TSMC earlier than the ban commenced. The problems between the U.S. and Huawei don’t appear to be going away anytime quickly. The brand new authorities within the U.S. are as stringent because they outdated with respect to Huawei. After the Huawei P50 collection, the corporate will more than likely run out of flagship chips. What’s going to occur to Huawei’s smartphone enterprise after that? Effectively, there isn’t a direct reply to this query. We’ll simply have to attend a number of months and see what occurs.