Huawei’s rotating chairman, Eric Xu, confirmed that the company had successfully pulled out of crisis mode in 2022 and managed to get back to business as usual with external restrictions still in place. The company expects to round off the year with a total revenue of 636.9 billion yuan, in line with forecasts and slightly higher than last year’s total revenues.
“It's been all hands-on deck for the past year, with every single member of the Huawei team working hard to navigate challenges and improve the quality of our operations,” Xu said in his new year message. “We are also immensely proud of the Huawei team: We've managed to keep our heads above the water because we fought together, united as one.”
Xu further noted that Huawei’s ICT infrastructure business maintained steady growth, and the decline in the device business has abated. “We achieved rapid growth in digital power and Huawei Cloud and took the competitiveness and user experience of our intelligent automotive components to new heights.”
According to the company’s rotating chairman, 2023 will be the first year that Huawei returns to business as usual with external restrictions still in place. It will be a crucial year for the company; hence, the priorities for Huawei moving ahead would be to actively drive progress, keep inspiring passion across the organization and further hone everyone’s capabilities. By doing this, Huawei can create greater value for its customers, partners and society at large.
In specific, looking ahead to 2023, Mr. Xu shared a detailed approach on how the company aims to reach its business goals for 2023 and lay a solid foundation for Huawei's continued survival and development:
1. Maintain heavy investment in R&D. The company is fully committed to future-oriented basic research and open innovation and will focus its limited resources on value-creating domains while upholding open collaboration across the value chain to guarantee its supply continuity and resilience.
2. Secure victory through quality. Huawei aims more than ever to make the company’s name synonymous with high quality in the ICT industry and secure victory through quality. To continuously create value for customers, Huawei will work towards enhancing total quality management based on ISO 9000 standards and implementing a strategy-driven, all-hands, full-process quality management system across our entire value chain in alignment with our customers' needs. Additionally, Huawei will invest more and improve quality together with its suppliers in order to deliver high quality to all customers.
3. Commit to progress and seize opportunities to grow the harvest. Huawei's strength lies in our diverse business portfolio and strong business resilience, and we will focus on leveraging this to realize high-quality growth. In the ICT infrastructure business, Huawei needs to be proactive in unearthing digital opportunities in various industries to drive effective growth. Huawei Cloud needs to become the foundation — and enabler — of digital transformation for both Huawei itself and vertical industries. In digital power, Huawei aims to boldly invest in strategic opportunities, and make its products more competitive. In the device business, all domains need to put the product at the center of everything they do and concentrate resources on developing best-in-class products that truly shine. Huawei’s Intelligent Automotive Solution BU needs to focus on key components, and scale up the commercialization of products to secure business success.
All of Huawei’s business domains need to optimize resource allocation, pass down and enforce business performance accountability and enhance key capabilities in operations management, which will encourage all operating units to create greater value.
4. Press ahead with transformation to inject vitality into the organization and motivate everyone to forge ahead. Huawei will continue moving forward to cultivate local teams as a crucial factor in the company’s long-term survival and development in local markets outside of China.
“2023 will be an extraordinary year. Forge ahead and rise above the challenges that come our way. Let's put in the work to carve out our long-term, sustainable survival,” concluded Xu.
Over the past three decades, Huawei has joined with carriers around the world to build leading communications networks. For the past ten years, the company has ramped up investment in cloud computing, which has put Huawei Cloud in a better position to become the foundation and enabler of the digital world. In the decade to come, working with its ecosystem partners, Huawei will build industrial Internet platforms and cutting-edge solutions that help industries go digital, intelligent and low-carbon. Huawei will go all out to bring digital to every person, vehicle, home and organization, putting our vision of an intelligent world within reach.
Carriers have achieved overwhelming business success in 5G since large-scale commercialization began three years ago. The digital economy is growing faster than ever. ICT infrastructure, as the foundation for the digital economy, will play an increasingly crucial role. Against this backdrop, Huawei has defined its approach as "Embracing the 5.5G Era: Striding Towards the Intelligent World," creating an innovation roadmap for the future.
A growing number of carriers are also shifting their focus towards building green, low-carbon networks with higher energy efficiency in order to support the coordinated development of green agendas and the digital economy. To this end, Huawei has come up with systematic green solutions that empower green operations, green networks, and green sites. and will continue to collaborate with world-leading carriers and pursue technological innovation to deliver more intelligent, green solutions.