Huawei releases 2021 Annual Report: Solid operations, investing in the future

Originally published at: Huawei releases 2021 Annual Report: Solid operations, investing in the future

Huawei released its 2021 Annual Report today, revealing that the company had maintained solid operations throughout the past year. As per the report, Huawei achieved CNY636.8 billion (99,88bn USD) in revenue in 2021, and CNY113.7 billion (17,84bn USD) in net profits, an increase of 75.9% year-on-year. The company’s R&D expenditure reached CNY142.7 billion in 2021,…