Ken Hu Houkun, Huawei’s rotating chairman, presents Huawei’s 2020 results on Wednesday. Photo: Handout
Ken Hu Houkun, Huawei’s rotating chairman, presents Huawei’s 2020 results on Wednesday. Photo: Handout
Huawei

Huawei puts on a brave face despite reporting 3.8 per cent revenue growth for 2020, slowest in a decade

  • Huawei generated US$136.7 billion in group revenue, representing 3.8 per cent year-on-year growth, its slowest annual increase in the past decade
  • Net profit rose 3.2 per cent last year, with 7.3 per cent net profit margin

Ken Hu Houkun, Huawei’s rotating chairman, presents Huawei’s 2020 results on Wednesday. Photo: Handout