Huawei's 2024 annual performance report released

Huawei released its 2024 annual report on March 31, 2025, showing that the company achieved global sales revenue of RMB 862.1 billion and net profit of RMB 62.6 billion. R&D investment in 2024 reached RMB 179.7 billion, accounting for 20.8% of annual revenue. The cumulative R&D investment in the past decade exceeded RMB 1,249 billion.