Huawei has released its audited 2013 financial results, recording an 8.5 per cent year-on-year increase in sales revenue and net profits of CNY21 billion (US$3.4 billion).
During the announcement of its annual report, acting chief executive officer (CEO) Eric said the company’s financial performance was strong across all business areas in 2013, achieving steady growth and sales revenues of CNY239 billion (US$38.5 billion).
“Thanks to the favourable global macroeconomic and industry environment, as well as the effective execution of our company strategy, Huawei basically achieved our business targets for 2013,” Xu said.
“Huawei has never been more closely connected to the world than it is now. This level of connectivity has two implications. First, ICT technologies have been deployed in more than 170 countries and regions, helping more than three billion people connect to the world, communicate anytime, anywhere, and easily acquire and share information. Second, this connected world is reshaping politics, economics, business, and production at an incredible speed and with formidable force.”
He said in the past year Huawei had published its SoftCOM network architecture in order to develop ICT-convergent products and solutions.
“The future will hold a better connected world, where everyone can share everything,” he said. “Alongside our customers and partners, we will build the world’s most efficient and integrated digital logistics system to ensure full connectivity between people, people and things, and things and things. Doing so will facilitate the free sharing of ideas. We will continue to pursue dreams, spark innovation, and drive the evolution of technologies.”
