On Friday, Huawei launched a income report for the primary half of 2021. The report exhibits that the corporate has a gross sales income of 320.four billion yuan ($49.four billion). The Chinese language producer’s web revenue margin is 9.8%. Though it is a 29.43% drop in income, the corporate insists that the general working outcomes are in keeping with expectations. Amongst Huawei’s three main companies, operator enterprise income is 136.9 billion yuan ($21.1 billion), company enterprise income is 42.9 billion yuan ($6.6 billion), and shopper enterprise income is 135.7 billion yuan ($20.9 billion).

Evaluating this end result with final 12 months, Huawei’s enterprise enterprise has an 18% year-on-year enhance. Probably the most severe decline is the buyer enterprise. Within the first half of the 12 months, Huawei’s shopper enterprise achieved income of 135.7 billion yuan ($20.9 billion), a year-on-year lower of 46.95%. That is primarily as a result of decline in gross sales of Huawei’s smartphones. As a result of disruption of its provide chain, its cellphones have been out of inventory. In reality, the corporate is now not within the high 5 within the Chinese language market.

Huawei will nonetheless launch flagships

Nonetheless, Huawei doesn’t intend to surrender and continues to be sustaining cell phone shipments. The not too long ago launched P50 sequence doesn’t assist 5G and it’s caught with 4G. The Huawei P50 sequence has two variations with Snapdragon 888 and Kirin 9000 SoCs. Sadly, none of those units assist 5G, they solely assist 4G community. The impression of that is already exhibiting available in the market. After the launch of the P50 sequence, outdated fashions that assist 5G similar to Huawei Mate 30 and Mate 40 noticed a rise of their costs. It’s because customers think about outdated fashions with 5G to be higher than newer 4G smartphones. This downside just isn’t simple to unravel, however it isn’t not possible to bypass the 5G restrictions from the U.S. In line with the newest report, the Chinese language producer will have the ability to resolve the 5G downside in 2022.

On the press convention, Huawei’s shopper enterprise CEO, Yu Chengdong, said that “the 4 rounds of US sanctions prohibit Huawei’s 5G cellphones, leading to 5G chips that may solely be used as 4G”.

Relating to the event of the cell phone enterprise, in March this 12 months, Huawei’s rotating chairman, Hu Houkun, mentioned that from final 12 months’s perspective, the cell phone enterprise has been vastly affected. Judging from this 12 months, as a result of unclear provide state of affairs, it’s troublesome to foretell the adjustments in Huawei’s cell phone enterprise. Nonetheless, the flagship mannequin that Huawei plans to launch yearly will arrive in accordance with schedule.

Hu Houkun claims that within the subsequent few years, Huawei’s sequence of smartphones will stay the chief available in the market.