HUAWEI Consumer Electronics Group Middle East Europe, Scandinavia and Canada President Derek Yu presented the company’s latest business results. According to estimates, the good results HUAWEI achieved in 2020 are expected to be repeated this year. To date, the company has generated revenue of CNY 320.4 billion, net profit margin of 9.8 percent and consumer business income of CNY 135.7 billion.
HUAWEI dedicates more than 10 percent of its sales revenue each year to research and development. In the last ten years, the company has exceeded CNY 720,000 million. Continuous growth also guarantees a strong market position. According to the Fortune 500 list, Huawei ranked 44th in August 2021, an increase of 5 points compared to 2020. The company is also constantly developing its physical store network. For example, on October 20, a new flagship store opened in Vienna, Austria, combining the company’s strongest features, such as design and modern technology.
Derek Yu highlighted the importance of continuous growth for the company: “We are constantly trying to find and develop the best solutions to integrate them into our products to meet the growing expectations of our customers. Also, as an extension of our continuous investments, we are opening new stores that also allow you to get in closer contact with the brand. 2020′ At the end of the year, Huawei has approximately 60,000 retail stores and display areas, including more than 5,000 experience stores worldwide, and we continue to grow.”
Good devices are appreciated
The success of HUAWEI products is recognized not only by customer reviews, but also by the company’s press awards. Launched in July, the HUAWEI Watch 3 Series and Huawei FreeBuds 4 earphones were highly appreciated by journalists and received more than 35 awards, most of them in the Best Choice category.
Huawei’s Mobile Ecosystem Marks Tremendous Growth
The HMS ecosystem has seen rapid growth globally, with more than 165,000 applications (based on June 30, 2021) integrated with HMS Core, Huawei’s proprietary operating platform.
More than 5.1 million developers are now registered with HMS
AppGallery is now firmly established as the world’s third largest app store with 560 million monthly active users worldwide, with a total of 384.4 billion apps downloaded in 2020. In 2020, the number of apps available on AppGallery outside of China was more than 10x in 2019.
As Huawei has spent the past two years working relentlessly to develop a mature and robust ecosystem, consumers have been able to download their favorite apps via AppGallery and Petal Search.
nova 9 – A smartphone like its user
Since its first launch in 2016, the nova series has been continuously improved. The latest addition to the family, the nova 9 is equipped with a range of flagship-grade camera technologies such as the RYYB color filter array (CFA) and the XD Fusion Engine, promising users the ultimate photography experience. Other added solutions include 120Hz Original Color Curved Display, powerful processor, excellent battery life and 66W HUAWEI SuperCharge. All the advanced functions make the nova 9 the perfect smartphone for the modern consumer with a busy lifestyle.
Huawei Watch GT 3 – fits your style
Huawei has expanded its smartwatch product range with two new models of the HUAWEI Watch GT 3. Available in two sizes, 46mm and 42mm, the Watch GT 3 watches combine timeless elegance and cutting-edge technology. Both devices are crafted from cutting-edge materials with a unique classic design that can be easily customized to suit the wearer’s personal style by changing the straps. Both versions of the HUAWEI Watch GT 3 offer over 100 workout modes, have a built-in workout planner, advanced location tracking to track runs accurately, and a new 5th generation heart rate tracking.
In addition, HUAWEI Watch GT 3 is equipped with improved all-day SpO2 monitoring, sleep monitoring, Bluetooth calling and is compatible with both Android and iOS devices. Huawei Watch GT 3 is equipped with powerful batteries that last up to 14 days on a 46mm watch and 7 days on a 42mm watch to be a reliable and highly efficient daily assistant.
FreeBuds Lipstick – beauty of sound
FreeBuds Lipstick took its place among the products introduced by HUAWEI at the Vienna event. This extraordinarily stylish and elegant special edition of the flagship headphones perfectly combines luxury design with cutting-edge high-definition sound.
The new device has a lipstick-like case made of high-grade stainless steel with a dazzling glossy finish. Inside the case are elegant, ultra-light in-ear earphones in vibrant red that guarantee wearing comfort.
Compatible with all Android and iOS smartphones, FreeBuds Lipstick supports dual connectivity for seamless switching between devices.