Huawei's revenue by business segment 2012-2018

As a leading smartphone manufacturer globally, Huawei generated revenue of about 294 billion yuan from its carrier network business in 2018.   

Revenue of Huawei

    Huawei is a Chinese multinational technology company, which mainly produces telecommunication services and equipment, with smartphones being one of the companies most popular products sold worldwide. The headquarters is located in Shenzhen, the major technological advancement hub in China. In the last few years, Huawei has shifted its business focus from carrier network to technological innovations. Since this change, Huawei has earned almost 350 billion yuan, compared to almost 300 billion yuan from the carrier network business. With this transition, both the revenue and the net profit of Huawei surged in the same period, increasing three-fold (233071), though China is still the primary market; generating half of Huawei’s revenue.  

Smartphone business of Huawei

     As Huawei’s smartphones were introduced to various key markets worldwide, Huawei’s brand recognition enhanced a lot. In the first quarter of 2012, the company’s smartphone shipments accounted for around three percent globally, and after a couple of years, their market share had already surpassed 17 percent in the world, and was even higher in the domestic Chinese market. The global shipments of Huawei products has doubled in the past three years, from slightly over 107 million units in 2015 to 200 million units in 2018.

Huawei's revenue by business segment from 2012 to 2018

Carrier Network BusinessEnterprise BusinessConsumer BusinessOthers
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Release date

March 2019



Survey time period

2012 to 2018

Supplementary notes

Note: 1 yuan is equal to about 0.15 U.S. dollars and 0.13 euros (as of July 2019).

Figures have been rounded.
Figures of 2017 was restated in the 2018 report.

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