Founded in 1987, Huawei is a leading global provider of information and communications

       
17
2020 Business Review
In 2020, the world faced immense challenges due to the COVID-19 pandemic. Huawei’s global supply chain also 
faced huge external pressure. Despite this, the company stayed focused on ICT infrastructure and smart devices 
and continued investing to create value for our customers using our innovative ICT technologies. We were proud 
to do our part in 2020 to fight the pandemic and drive economic recovery and social progress. In 2020, Huawei’s 
annual revenue reached CNY891,368 million, a 3.8% year-on-year increase.
■ 
In the Chinese market, our carrier business 
continued to grow thanks to rapid domestic 
rollout of 5G. Our enterprise business seized 
new opportunities in digital and intelligent 
transformation, and our consumer business 
optimized its Seamless AI Life strategy, which 
aims to deliver an intelligent experience across 
all scenarios through a variety of consumer 
devices like PCs, tablets, smart wearables, and 
smart screens. Thanks to these factors, Huawei’s 
2020 revenue from the Chinese market reached 
CNY584,910 million, up 15.4% YoY.
■ 
In Europe, the Middle East, and Africa (EMEA), 
our carrier business maintained robust 
performance thanks to 5G network deployment, 
and our enterprise business maintained strong 
growth momentum as industries pursued digital 
transformation. However, as our consumer business 
has been denied access to the Google Mobile 
23.0%
Services (GMS) ecosystem, our total revenue from 
this region declined by 12.2% YoY to CNY180,849 
million.
■ 
In the Asia-Pacific Region, our carrier business 
maintained robust performance thanks to 5G 
network deployment, and our enterprise business 
continued to grow rapidly as an increasing number 
of local companies were going digital at a faster 
rate. However, this growth was offset by the hit to 
our consumer business, once again due to a lack 
of GMS ecosystem access, and so our revenue from 
this region decreased to CNY64,369 million, down 
8.7% YoY.
■ 
In the Americas, our revenue declined by 24.5% 
YoY to CNY39,638 million due to investment 
fluctuations in some countries’ telecoms markets 
and our lack of access to the GMS ecosystem.
(CNY Million)