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Money: Despite sales of sales: Huawei records record profit

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Despite a significant decline in sales against the background of US sanctions, the Chinese technology group Huawei recorded a record gain last year.

Ein Wachmann steht auf der PT Expo in Peking an einem Stand des chinesischen Technologieunternehmens Huawei. © Mark Schiefelbein / AP / DPA A security guard is on the PT Expo in Beijing at a stand of the Chinese technology company Huawei.

as the company from South China Shenzhen announced on Monday, sales decreased by 28.6 percent to around 636.8 billion yuan (91.1 billion euros). Despite difficult framework, the profit has risen by almost 76 percent to around 113.7 billion yuan.

The US government has imposed sanctions against Huawei and encapsulated the Group access to chips from international production, which is mainly burdened by the smartphone business. The USA is throwing Huawei tight connections to Chinese authorities and warn against a danger of espionage and sabotage. The company rejects the allegations.

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The US measures would have significantly affected the business of Huawei, Finanzkefin Meng Wanzhou said. As another reasons for the decline in sales, it called the impact of the pandemic. In addition, the network assessor has previously benefited from the rapid expansion of the 5G network in China, which was largely completed in 2021. Huawei had demonstrated that the handling of uncertainties increasingly succeeds, "Meng said with reference to the record gain.

For Meng, it was the first submission of an annual report since she was allowed to return to China in September. The manager and daughter of company founders Ren Zhengfei had been arrested in December 2018 at the request of US authorities in Canada. The US government, among other things, threw her a circumvention of sanctions against Iran.

"We managed to survive 2021," GUO Ping said, the reigning CEO of Huawei. The company result has suited the planning and expectations. After record spending on research and development last year, Huawei will continue to focus on research and innovation spirit.

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