Despite all utilities, Huawei has increased by more than 25% in 2018

Chinese telecom giant Huawei's net profits rose 25.1 percent last year to reach 59.3 billion yuan ($ 8.850 million), the company said today during the presentation. its annual balance sheet.

Sales increased 19.5% to US $ 110,900 million.

The company said that in 2018, it had spent 14.1% of its revenue on research and development (R & D), which represents 15,149 million US dollars.

Carrier activity revenues – mainly the implementation of 5G networks – were for the first time lower than those of consumers, with 43,800 million US dollars, which is virtually the same figure as the number of carriers. 39, previous year.

In the consumer sector, sales increased 45.1% to US $ 52,000 million.

Revenues from the sales of Huawei's businesses reached US $ 11,104 million, up 23.8%.

The company said it has "increased its market share in the global smartphone market and continued to improve the positioning of its high-end devices."

At the press conference on the presentation of the results, the rotating president of Huawei, Guo Ping, affirmed that the company "is committed to establishing the best network connections in the world" and will adhere "strictly to all the relevant standards for the manufacture of safe products ". , reliable and high quality ".

"Cybersecurity and user privacy are high on our agenda," Guo said, citing doubts about alleged security flaws in 5G networks and Huawei devices.

In this regard, he insisted that the companies that would choose to work with Huawei "will be the most competitive in the 5G era" and that the countries that will do so will start with advantage "in the next wave of growth of the digital economy ".