Huawei Sees Revenue Dip 28 Pivots To Tap Green Demand
Its 2021 revenue came in at 636.8 billion yuan ($100.01 billion), down from 891.4 billion yuan in 2020. Its net profits, however, climbed 75.9% to 113.7 billion ($17.86 billion), Huawei said Monday. Cash flow from operating activities grew to 59.7 billion yuan ($9.38 billion). At a media briefing, rotating chairman Guo Ping said its carrier business was “stable” while the enterprise business was seeing “steady growth”. Its consumer business had moved into “new domains”, he said....