Huawei expects its revenue will get a 10% year-on-year increase at least in 2015, according to its performance in 2014, its revenue in 2015 will reach CNY 317 billion ($51.1 billion).
"In the next three to five years, the compound annual growth rate of our revenue will remain 10% or even more, we are very confident to achieve the target of $70 billion revenue in 2018." The vice president of Huawei financial management department Chen Fanchang said on Tuesday in the Huawei annual global analyst conference.
According to the 2014 annual report that Huawei released on March 31st, Overall Group revenue reached CNY 288.2 billion ($46.5 billion), with a year-on-year increase of 20.6%; the net profit reached CNY 27.9 billion ($4.5 billion), with a year-on-year increase of 32.7%.
In the past year, the three major business of Huawei all achieved significant growth, among which the revenue of Carrier Business Group reached CNY 192.1 billion (US $31 billion), with a year-on-year increase of 16.4%; the revenue of Enterprise Business Group increased by 27.3% to CNY19.4 billion; and the consumer business revenue reached CNY 75.1 billion ($12.1 billion), with a year-on-year increase of 32.6%.
Huawei believes that the global connections will exceed 100 billion by 2025, the connections will integrate into every corner of our life, just like the air and water. The wide connection and big data will drive the intelligentized new industrial revolutions, promote the upgrading of traditional industries and rebuild the new industrial and commercial civilizations. The industrial innovation focus will change from the consumer Internet to industry Internet, the future will be a more beautiful world with full connections, the wide connections of all things and always online will become the new normal.
The pipeline industry that Huawei focused on will provide key supports for the industry Internet, and the market will reach $400 billion by 2025, the CFO of Huawei Meng Wanzhou said earlier in this year.
Chen Fanchang said that Huawei would create more value in the carrier business, which will be achieved by the software and services, therefore achieve the accurate position and strategy growth; in the enterprise business, the market space which Huawei can participate will reach $150 billion by 2018, and Huawei will obtain strong competitiveness and great potential in the field; the consumer market is also growing rapidly, Huawei will continue to enhance its ability of the products and continue to expand its channels.
中文新闻链接：华为预计2015年收入将超500亿美元