Huawei 2012 Annual Report Download - page 4

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Letter from the Rotating and Acting CEO
Letter from the Rotating and Acting CEO
1
The ubiquity of broadband networks and services,
the massive number of applications that result
in instantaneousness and fragmentation of
information, and the demand of device users for
a personalized experience combine to present
a series of challenges and opportunities to the
Information and Communications Technology (ICT)
industry. By focusing on the pipe business and
effectively improving operations quality, Huawei
achieved CNY220.2 billion (US$35.35 billion) in
sales revenue and CNY15.38 billion (US$2.47
billion) in net profit in fiscal year 2012, steadily
increasing operating performance.
Our Carrier Network Business Group (BG) further
consolidated its position in the industry: Our
wireless business maintained steady growth. Our
fixed network products and solutions have been
deployed by most carriers worldwide. Our routers
continued to hold an advantage in the carrier
market. Additionally, our optical transport and
optical access products further established their
leadership positions. We launched SoftCOM,
the industry’s first software-defined networking
(SDN) technology architecture in end-to-end carrier
networks. Our carrier software business continued
to grow rapidly. Our SmartCare service redefined
industry standards for customer experience
management (CEM) and comprehensively enhanced
user-experience-driven solution capabilities.
Our Enterprise BG launched competitive data
center switches, storage products, panoramic
telepresence, and other solutions. Our Consumer
BG built a solid foundation on product design,
quality, and cost. In the fourth quarter of 2012,
we entered the list of the world’s top three
smartphone makers for the first time. At present,
our products serve more than three billion people
around the globe.
As communications become an integral part of
life, we believe that demand for communications
is not closely related to economic cycles and is
only moderately impacted by the financial crisis.
The reason is that communications services are
characterized by small-money consumptions and
the communications market is fully competitive.
As pipes carry heavy traffic, we deploy products and
solutions by focusing on information transmission,
By focusing on the pipe business and effectively
improving operations quality, Huawei achieved
CNY220.2 billion (US$35.35 billion) in sales revenue
and CNY15.38 billion (US$2.47 billion) in net profit
in fiscal year 2012, steadily increasing operating
performance.