On October 27, Huawei released the "report card" for the first three quarters of 2022. According to the financial report, Huawei achieved revenue of 445.8 billion yuan in the first three quarters of this year, compared with 455.8 billion yuan in the first three quarters of last year, a decrease of 10 billion yuan, and the profit margin of 's main business was 6.1%, which is also a decrease compared with the same period last year.
Although revenue and profit have declined, Huawei's rotating chairman Xu Zhijun said that the overall operating results are in line with expectations. In the latest top 500 private enterprises in China, Huawei fell from its former first place to fifth, with revenue falling by nearly 30%, mainly due to the decline in terminal business revenue, that is, the smartphone business, which has affected shipments due to US sanctions.
Otherwise, Huawei will be the first private enterprise in China to exceed one trillion revenue, but unfortunately, Huawei's revenue had reached a maximum of more than 890 billion yuan, but last year it fell to more than 600 billion yuan, ranking fifth, missing its trillion revenue.
However, Huawei's 5G communications business still maintains its advantages. According to statistics released by market research institutions, Huawei firmly ranked first in the world in the global communications market in the first half of 2022, Nokia ranked second, Ericsson ranked third, and ZTE ranked fourth; from the domestic market, Huawei's market share is as high as 58%, and ZTE accounts for 32%.
In the global smartphone market, Samsung still ranks first in the world. Even though Samsung almost disappeared in the Chinese market, it is booming in the global market. Apple ranks second in the world, Xiaomi ranks third in the world, followed by OPPO and vivo. Huawei once ranked third in the world and was about to surpass Apple at one point, but now its ranking has dropped sharply.
On the same day Huawei released its financial report, Samsung Electronics also released its financial report for the third quarter of 2022. In the third quarter of this year, Samsung Electronics' revenue exceeded US$54 billion, with a net profit of US$6.62 billion, down more than 20%. Combined with the performance data in the first half of the year, Samsung Electronics' net profit in the first three quarters of this year was equivalent to RMB 177.7 billion, and its annual profit was expected to exceed RMB 200 billion.
Then look at Apple's performance. According to Apple's latest financial report, its revenue in the third quarter was US$83 billion, its net profit was US$19.4 billion, and its profit level fell by 11%. It can be seen that the profit performance of major mobile phone manufacturers in the third quarter declined.
However, Apple's profit growth level in the first half of the year was relatively high, with Apple's net profit totaling US$59.6 billion in the first half of the year. Therefore, Apple achieved a net profit of US$79 billion in the first three quarters of this year, equivalent to RMB 571.6 billion, 3.2 times that of Samsung Electronics.
So, the gap is very obvious. Last year, Huawei's net profit was 113.7 billion yuan, Samsung Electronics' annual profit exceeded 200 billion yuan, and Apple's profit will exceed 600 billion yuan. Although Samsung Electronics has the largest market share in the world, its profit performance is not as good as Apple, and it is difficult for other technology giants to surpass Apple in terms of profits in the short term.
For Huawei, the difficulties are temporary. As long as you survive these few years, you will eventually be a day when the phoenix is reborn. my country has invested a lot of funds and talent teams in the field of semiconductor chip , and continues to carry forward the spirit of independence and overcoming difficulties. my country will achieve major breakthroughs in the field of chips. At that time, Huawei will return the king, and China's semiconductor industry will usher in a period of rapid development.
