The hottest Huawei released its operating results

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Huawei has made operating performance in the first quarter of 2021, especially for intermediate optical systems or important mechanical components. The company still maintains business toughness

[Shenzhen, China, April 28, 2021] Huawei today released operating performance in the first quarter of 2021, and the overall operating results are in line with expectations

in the first quarter of 2021, the company achieved a sales revenue of 152.2 billion yuan, a year-on-year decrease of 16.5%. The company's network business continued to grow steadily. Affected by factors such as the sale of smart terminal brand glory in November 2020, there were many suggestions for the purchase of cement pressure testing machines, and consumer business income fell. The net profit margin was 11.1%, with a year-on-year increase of 3.8 percentage points [1], which was mainly due to the company's improvement of business quality, continuous improvement of management efficiency, and the receipt of a $600million patent license fee

secondly, whether there are frequent failures? Xu Zhijun, Huawei's rotating chairman, said: 2021 is still a challenging year for Huawei, but it is also the beginning of the gradual clarity of Huawei's future development strategy. Thank customers and partners for their long-standing trust in Huawei. We will actively face the test, maintain business resilience, adhere to customer-centric, achieve quality survival, and continue to create business value for customers

the company continues to promote the full play of 5g value, meet the global 5g network construction and the needs of various industries and consumers, and improve delivery efficiency. In the field of software, Huawei has further improved its software engineering capabilities, increased investment in the software industry, and gradually increased its revenue in software and services. This measurement and control system integrates programmable amplification, a/d conversion, d/a conversion, digital i/o, counting and pulse generation (PWM), square wave generation (SWP) and other functions in one body

Xu Zhijun stressed that Huawei still adheres to continuous technological innovation and strong R & D investment, solves the continuous supply under sanctions, and continues to carry out breakthrough research around basic science and cutting-edge technology

[1]: the above financial data are based on international financial reporting standards and have not been audited

exchange rate at the end of March 2021: 1usd=6.5670 RMB (the data is from the market exchange rate at the end of March published by external professional institutions)

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