Huawei has shipped more than 70,000 5G base stations to markets around the world by the end of March 2019.
The company has also signed 40 commercial 5G contracts with leading global carriers. In Q1 of 2019, Huawei has generated CNY179.7 billion in revenue, an increase of 39% year-on-year and its net profit margin was about 8%, slightly higher than the same period last year.
2019 will be a year of large-scale deployment of 5G around the world, meaning that Huawei’s Carrier Business Group has unprecedented opportunities for growth.
Huawei is committed to building the foundations of a Digital China and the core of a digital world by delivering the digital platform along with ubiquitous connectivity and pervasive intelligence. Huawei’s Enterprise Business Group also deployed the world’s first 5G-enabled Wi-Fi 6 access point. As of the end of Q1 2019, Huawei had shipped more Wi-Fi 6 products than any other company worldwide.
In Q1 2019, Huawei shipped 59 million smartphones. In other business segments like PCs, wearables and smart home.
More than one million enterprise users and developers have chosen to work with Huawei Cloud. In Q1, Huawei Cloud services were launched in Singapore and the company released its AI model market.