Huawei posts 2.2% growth in annual revenue

By Che Pan and Laurie Chen

BEIJING, ‌March 31 (Reuters) - ​China's Huawei ​Technologies reported on Tuesday 2.2% growth in 2025 revenue, as its core businesses of infrastructure network and consumer devices reported ‌modest growth, while its cloud computing operation saw a revenue decline.

The ⁠Shenzhen-based company posted 2025 sales revenue of 880.9 billion yuan ($127.5 billion), up 2.2% from a ‌year earlier, marking a sharp ‌slowdown from 22.4% growth recorded in 2024.

The 2025 result marks Huawei's second-highest annual revenue, trailing a record 891 billion yuan sales achieved in 2020.

Huawei's ​smartphone business had suffered a dramatic decline after U.S. sanctions restricted access to advanced chips and Google's Android operating system, driving its total ⁠revenue down 29% in 2021. Last year was the fourth consecutive year of growth since that trough.

Revenue ​from the consumer unit, which includes smartphones and other digital devices, rose 1.6% to 344.5 billion yuan, while its information ​and communication technology infrastructure segment — the largest revenue ‌contributor — posted 2.6% growth in sales to 375 billion yuan, Huawei said in a statement.

Huawei said over 36 million ⁠devices ran on its homegrown HarmonyOS by the end of last year.

Its smaller yet important cloud computing business reported a 3.5% drop in revenue, while intelligent automotive solutions unit, ⁠which helps traditional automakers develop smart vehicles, saw a revenue surge of 72.1% to 45 ​billion yuan.

Huawei continued to allocate significant resources to research and development to mitigate the effects of ongoing U.S. sanctions.

R&D spending surged to 192.3 billion yuan in 2025, representing 22% of ‌its annual revenue, as the company invested heavily in software, chips and manufacturing tools to reduce reliance on restricted ‌U.S. technology.

In a statement, chairwoman Meng Wanzhou, daughter of Huawei founder Ren Zhengfei, ⁠said the company is navigating ‌a future "full of uncertainty," and ​pledged that Huawei would continue cultivating its developer ecosystem.

($1 = 6.9058 Chinese yuan renminbi)

(Reporting by Che Pan and Laurie ChenEditing by ‌Keith Weir)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Australia's Queensland confirms H5N1 bird flu case, fourth state
• South Korea President Lee hosts US tech summit, calls for new AI era
• China fines Trip.com $770 million over online hotel-booking monopoly