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

6  Possible impact of amendments, 
new standards and 
interpretations issued but not 
yet effective for the year ended 
December 31, 2020
The International Accounting Standards Board has 
issued a number of new standards and amendments 
which will affect the financial statements in 
subsequent accounting periods. They are not 
expected to have a significant impact on the Group’s 
consolidated financial statements.
7  Segment information
Operating segments are determined based on the 
types of customers, products and services provided, 
as well as the Group’s organisation structure, 
management requirement and reporting system. 
The Group divides its business into three operating 
segments:
Carrier Business
The Carrier Business provides a series of products, 
services and business solutions encompassing wireless 
and cloud core network, fixed network, cloud and 
data centre, and service and software, for global 
telecom carriers.
Enterprise Business
The Enterprise Business builds a digital infrastructure 
by using new ICT technologies such as artificial 
intelligence, cloud, big data, Internet of Things, video 
and data communication to provide products and 
services that help industries (such as government, 
public utilities, finance, energy, transport, motor 
vehicle, etc) go digital.
Consumer Business
The Consumer Business provides smartphones, tablets, 
personal computer, wearable devices, converged home 
devices, as well as the applications and services on 
these devices for consumers and businesses.
There are no inter-segment transactions. The financial 
information of the different segments is regularly 
reviewed by the Group’s most senior executive 
management for the purpose of resource allocation 
and performance assessment. During the year, the 
classification for certain products among operating 
businesses was changed. Comparative figures have 
been adjusted to reflect the current year presentation.
Revenue information in respect of 
business segments
(CNY million)