In a new year message shared with public, Huawei’s rotating chairman Mr. Eric Xu confirmed the company had successfully pulled out of crisis mode in 2022 and managed to get back to business as usual. The company expects to round off the year with a total revenue of 636.9 billion yuan, which is in line with forecast.
“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 the 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. This is especially true of our frontline staff outside of China – those who have held the fort to serve our customers despite the adverse impacts of COVID-19 and external restrictions.”
Xu noted that Huawei’s ICT infrastructure business maintained steady growth during this year, and the decline in the device business has abated. Further Huawei achieved rapid growth in digital power and Huawei Cloud, and took the competitiveness and user experience of its 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, and hence, the priorities for Huawei looking ahead to 2023 will be to be proactive about improving the business environment and more effectively managing risks, stay focused and double down on commitment to building the foundations of the digital economy and driving green and sustainable development. This will lead to creating greater value for Huawei customers, partners, and society at large. In specific, this includes:
Maintaining heavy investment in R&D– Huawei aims to fully commit to future-oriented basic research and open innovation, and focus its limited resources on value-creating domains. In addition, to upholding open collaboration across the value chain to guarantee its supply continuity and resilience.
Securing victory through quality– External restrictions are a fact of life these days, so it’s more important than ever that we make Huawei aims to make the company name synonymous with high quality in the ICT industry, and secure victory through quality. To continuously create value for customers, Huawei will enhance total quality management based on ISO 9000 standards, and implement a strategy-driven, all-hands, and full-process quality management system across its entire value chain in in order to deliver high quality to its customers in alignment with their needs.
Commit to progress and seize opportunities to grow the harvest– Huawei will work towards 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 at investing in strategic opportunities, making its products more competitive. In 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.
Press ahead with transformation to inject vitality into the organization and motivate everyone to forge ahead– Huawei aims to cultivate local teams to its long-term survival and development in local markets outside of China, in order to actively build out and manage its local workforce.
“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.
