Read the annual report in one article-last year, the net profit exceeded 60 billion Huawei said that it will survive this year

Read the annual report in one article | Last year, the net profit exceeded 60 billion Huawei said that it will survive this year
On March 31, Huawei released its 2019 annual report.In 2019, Huawei achieved sales revenue of 858.8 billion yuan, a year-on-year increase of 19.1%, net profit of 62.7 billion, an increase of 5 in ten years.6%.At the press conference, Huawei ‘s rotating chairman Xu Zhijun also responded to questions about Huawei ‘s attractions, including the impact of the epidemic on Huawei, Huawei ‘s 5G revenue, and the impact of US restrictions.On March 31, Xu Zhijun, Huawei ‘s rotating chairman, responded to the hot questions about Huawei at the press conference of the annual report.1.Talking about the impact of the epidemic: Huawei ‘s production activities in China have been fully restored. Huawei ‘s rotating chairman Xu Zhijun said that Huawei ‘s production activities in China have been fully restored. There is no problem to meet the supply needs of global customers and partners in the short term, but overseas epidemics are still spreading., Not effectively controlled.”We also don’t know the future development trend of the epidemic. It is difficult to predict whether the supplier can guarantee the supply for a long time. We expect this kind of thing will not happen. Huawei will also work hard to ensure the continuity of the supply chain.” 2.Talking about 5G: Huawei ‘s 5G revenue last year was only 3 billion US dollars, and European 5G deployment is expected to be delayed. Huawei ‘s rotating chairman Xu Zhijun said that 5G revenue in 2019 is only more than 3 billion US dollars, accounting for a very small proportion of the company ‘s total revenue because last year ‘s global 5G deploymentIt is still in the startup period.”Of course, the popularity of 5G in the world is unprecedented, and it can be known to everyone in the world, so that we can save a lot of transmission costs.”He said that the US crackdown on and prevention of Huawei ‘s global 5G business has a great impact on the company, at least for Huawei to create alternative workloads,” we have to spend a lot of time with partners, customers and relevant governments.Regulatory explanation.Xu Zhijun also said that it is expected that the deployment of 5G in Europe will be delayed, how long the epidemic will be affected, and how long China will accelerate the construction of 5G after the epidemic is under control.”I believe that China’s three major operators will complete the initial planned 5G base station construction, and it is possible to increase it a little bit. Xu Zhijun said that the specific increase will at least require Huawei to keep up with the demand, whether the deployment speed can take back the time affected by the epidemic, and avoid how much the operator has to budget.3.Talking about chip restrictions: I believe that China will take countermeasures against the United States or will upgrade the restrictions on the supply of Huawei chips. Xu Zhijun should be symmetrical and believe that the Chinese government will take some countermeasures.He also said that unless the United States will upgrade restrictions, Chinese companies and Huawei can also buy chips from Samsung, South Korea, and MTK in Taiwan for smartphone production. “Even if Huawei has sacrificed because it can’t produce chips for a long time, I believe ChinaThere will be many chip companies growing up.Xu Zhijun said that Huawei can also develop and produce products through chips provided by chip manufacturers in South Korea, Japan, Taiwan and other places.However, the US government will arbitrarily modify the rules for purchasing products, which will destroy the global technological ecology.Once Pandora’s box is opened, it will cause devastating damage to enter the global industry, and it will affect more than Huawei.4.Speaking of performance: Last year, consumer business lost at least US $ 10 billion in overseas revenue. Xu Zhijun said that the decline in revenue growth last year was easy to understand. Huawei was replaced with a list of US entities on May 16 last year.To make efforts to “fill holes”, at the same time, a large number of suppliers suddenly cannot supply Huawei, and Huawei has to restructure the company’s supply chain.”In this case, it is impossible for us to pursue the profitability of 2018 and 2017. We must first fill the hole, transform the supply chain, and then take survival as the first goal.”Xu Zhijun said that the decline in the proportion of overseas revenue was affected by the failure of Google GMS to pre-install mobile phones. Huawei ‘s overseas market grew rapidly last year before being included in the physical list. It declined rapidly after May 16 and did not rebound until the fourth quarter.”The overseas revenue of the business is affected by at least 10 billion US dollars, which is the leading cause of the decline in the proportion of overseas revenue.”5.Talking about Huawei ‘s future: Strive to survive, and until next year you can send an annual report. Xu Zhijun believes that 2020 will be a more difficult year for Huawei, because the company will be located under the US entity list, and the industry predicts that Huawei ‘s spare parts will be used up.It will be a critical year to fully test the continuous performance of the company’s supply chain.He said that Huawei will strive to survive in 2020 and is expected to issue its annual report next year.He said that the new crown epidemic is a situation that Huawei did not anticipate, and it is currently difficult to make accurate assessments and predictions of performance.For the overseas sales of 5G mobile phones, Huawei was unable to pre-install Google ‘s GMS system after May 16 last year. Xu Zhijun said that in order to protect the interests and usage experience of Huawei smartphone users around the world, Huawei launched the HMS system. “We also look forward to the Google applicationCan be listed in Huawei’s application market, which can help consumers get better and more applications.”But for overseas sales, he said that there is currently no way to make a more accurate prediction. This is the construction of Huawei’s entire HMS ecosystem.Sauna Night Editor Zhao Ze proofreading Li Xiangling