On October 29, the British “Financial Times” quoted people familiar with the matter in Washington as saying that the United States is allowing more and more chip companies to supply components to Huawei, as long as these components are not used for Huawei’s 5G business. Analysts told the foreign media that although sanctions will still pose a serious challenge to Huawei’s 5G business, Huawei’s important smartphone division may have a chance to recover.
According to Huawei’s third quarterly report, from January to September this year, the company achieved sales revenue of 610.8 billion yuan, a year-on-year increase of 24.4%; net profit margin was 8.7%. From July to September this year, Huawei’s revenue increased by 3.7% year-on-year, down from 27% in the third quarter of last year.
Yu Chengdong: Doing everything possible to keep Huawei’s mobile phone business going
In order to warm up the domestic release of Mate40, Huawei released an interview video of Yu Chengdong on January 28.
Yu Chengdong said that Huawei is doing everything possible to continue its business, and may find ways to overcome these problems and insist on bringing products to global consumers. He believes that “the bad news has already come, and it can’t get worse”, and we should strive to get good news, solve the supply problem, and improve the mobile phone software experience of Huawei’s old users.
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