Huawei CBG Revenue Grew 34% in 2019 Despite Headwinds, but 2020 Will Be More Difficult
Apr 9, 2020
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Author : Flora Tang
Overview:
Huawei group announced its CY2019 annual result on 31 Mar 2020. Despite the restrictions imposed by the Entity list from the U.S. government since 16 May 2019, total revenue of Huawei group grew by over 19% YoY to near US$123 billion, and its net profit was up by 5.6% YoY to near US$9 billion. Here, we will analyze the business performance of Huawei in 2019 and its future development outlook under critical external challenges, with a focus on the Consumer Business Unit.
Table of Contents:
- Huawei’s Business Performance 2019
- Huawei’s Business Outlook Under Critical External Challenges
- Short-Term Challenge: The COVID-19 Pandemic
- Mid & Long-Term Challenge: The U.S. Trade Ban
Author: Flora Tang
Number of Pages: 9
Published Date: April 2020
