Huawei's 2023 annual report released, sales revenue of 704.2 billion yuan, net profit of 87 billion yuan

Huawei's 2023 annual report released on March 29 showed that the company's overall operating conditions were in line with expectations, with global sales revenue of RMB 704.2 billion and a net profit of RMB 87 billion. Among them, Huawei's ICT infrastructure business achieved sales revenue of RMB 362 billion, a year-on-year increase of 2.3%; terminal business achieved sales revenue of RMB 251.5 billion, a year-on-year increase of 17.3%; cloud computing business achieved sales revenue of RMB 55.3 billion, a year-on-year increase of 21.9%; digital energy business achieved sales revenue of RMB 52.6 billion, a year-on-year increase of 3.5%; smart car solution business achieved sales revenue of RMB 4.7 billion, a year-on-year increase of 128.1%.