Huawei will reveal its financial results for the first quarter of this year, and the figures confirm the continuous growth of the company

Huawei 5G

Although the trade war between the United States and China, it seems that Huawei is at its best by the year 2019. Shows financial report for the first quarter of this year to the company they achieved revenues of 26.81 billion USD, which represents a growth by 39% compared with the same period last year. Moreover, it has witnessed the company’s net profit in the first quarter of this year grew by 8% compared with the same period last year.

Stated the chairman of the board of management of the company, Mr. Guo Ping to the main objectives for the year 2019 is to improve the solutions oriented to consumers and telecommunication companies and businesses with the expectation of double-digit growth in each category.

Company Huawei they managed the shipment of 59 million units of its smart phones in the first quarter of this year compared with 39.3 million units in the first quarter of 2018. The company aims to translate its success in other sectors including personal computers and devices disposable wearable computing devices and smart home devices.

Moreover, with the launch 5G world this year, the company intends to Huawei that there are unprecedented opportunities for growth. Strengthened its position as the largest product for the telecom companies in the world, and they managed to increase the number of contracts for the 5G network with 40 new contacts. The report reveals that the company shipped more than 7000 base station to all over the world and aims to raise this number to 100 thousand plants by next May. Saw a young Department in the company Huawei as a whole grew by 15 percent in terms of sales.

Is the cloud system of artificial intelligence is an integral part of the vision of Huawei for next year. The company aims to develop services Huawei Cloud among the pioneers of the industry. According to the report, now uses more than a million users and developers of corporate services Huawei Cloud. Earn the process of the development of artificial intelligence for more momentum because it’s artificial intelligence, your company managed to occupy the forefront in the competition of deep learning at Stanford University.

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