solid growth and rising investments

(HUAWEI) – Huawei Northern Africa held an online press conference on March 31, 2023 during which Mr. Adnane Ben Halima, Vice President in charge of Public Relations, presented the results of the company’s 2022 annual report. .

This report highlights Huawei’s outstanding performance in the world, as well as its commitment to providing cutting-edge technologies and innovative solutions to its customers. The company reports stable regular business throughout 2022, having generated CNY 642.3 billion in revenue (€85.9 billion) and CNY 35.6 billion in net profit (€4.7 Billions of Euro’s). In Africa, Huawei has experienced remarkable growth and continues to work closely with its partners to drive economic and social development in the region.

Adnane Ben Halima notably highlighted Huawei’s technological advances in various fields, such as 5G, cloud computing and artificial intelligence. These technologies are indeed playing a crucial role in Africa’s digital transformation, driving economic growth, improving public services and building the capacity of local businesses.

Huawei’s spending on research and development has skyrocketed and kept rising until it reaches CNY 161.5 billion in 2022 (€21.6 billion). This represents 25.1% of its total annual revenue, bringing its total R&D expenditure over the past ten years to more than CNY 977.3 billion (€130.7 billion), which is among the highest numbers in Huawei’s history.

At Huawei, we invest heavily in R&D to deliver cutting-edge technologies that meet the needs and expectations of people on the African continent. We are proud to be at the forefront of innovation with 5G, artificial intelligence, cloud and cybersecurity solutions that improve the lives of all residents in the region. We are committed to working closely with all of our partners to build a better, more connected future for all.” said M. Ben Halima.

Mr. Ben Halima thanked his customers and partners in Africa for their continued trust and support. We are determined to strengthen our partnership relations and work together to build a better and more prosperous digital future in Africa.

About Huawei

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 207,000 employees and are present in more than 170 countries and regions, serving more than three billion people around the world.

Our vision and mission is to bring digital to every person, home and organization for a smart, fully connected world. To this end, we will work towards ubiquitous connectivity and inclusive access to networks, thus laying the foundations for a smart world; we will deliver diverse computing power where you need it, when you need it, to bring cloud and intelligence to every corner of the planet; we will build digital platforms to help all industries and organizations become more agile, efficient and dynamic; and we will redefine the user experience through AI, making it smarter and more personalized for people in all aspects of their lives, whether at home, on the go, in the office, on the go. have fun or work out. For more information, please visit Huawei’s website at www.huawei.com or follow us on:

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