Huawei has announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9 per cent over the same period last year.
Further, company’s net profit margin declined to 8.0 per cent during the period from 8.7 per cent over the same period last year.
Moving forward, Huawei will leverage its strengths in ICT technologies such as artificial intelligence (AI), cloud, 5G, and computing to provide scenario-based solutions, develop industry applications, and unleash the value of 5G networks along with its partners.
