Tag Archive: Honor

Analysis of Huawei 2020 Annual Report: Make Preparation for Mastering Own Destiny

As we know, 2020 is a very challenge year for Chinese companies, because of the COVID-19 impact. However, I believe Huawei has most tough year compared with others, since US government make strict ban of key component procurement.  Let’s see what financial data Huawei achieved in 2020. From the above graph, we can see that the revenue and net profit are still growing slightly. Considering the dual impact of COVID-19 and US procurement ban, it’s not easy for Huawei. However,…
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