Huawei recently stated that its expected revenue in 2022 will reach 636.9 billion yuan, which is basically the same as last year. Rotating Chairman Xu Zhijun said that the restrictions in the United States are a new normal and we have resumed normal business.
Huawei has faced many crises, and through adjustments, it has skillfully overcome them each time. Based on past experience, Huawei believes that the company will continue to develop after the crisis. Huawei still believes in the bright future and is actively deploying new businesses. At present, Huawei continues to expand the cloud computing market, relying on 5G technology to actively develop markets such as smart cars and smart ports to find new business opportunities.
In 2019, due to sanctions imposed by the US government at the time, Huawei was prohibited from purchasing American chips and other technologies. This has severely affected Huawei's mobile phone business. Later, in order to survive, Huawei split the original mobile phone department into two parts, retained part of the mobile phone business related to Huawei, and separated the other part into an independent mobile phone brand honor .
In order to survive, Huawei still regards research and development as the focus of development. In 2022, Huawei's R&D expenses will reach 140.98 billion yuan. Although it has dropped from 142.7 billion yuan in 2021, since the revenue in the past two years is similar, R&D expenses are basically the same. The proportion of R&D expenses still remains above 20%, which is still very high for many technology companies. Thanks to R&D investment, Huawei continues to lead in the number of new patents every year. Now in order to increase revenue, Huawei has also begun to make profits by licensing patents, which will prompt Huawei to increase its efforts to research more patents.
Since has surpassed Tencent Cloud in Huawei's cloud computing market in 2021, becoming China's second largest cloud provider , this has provided Huawei with a new opportunity to increase its business. Huawei is currently actively expanding into the government and enterprise markets. Huawei is standardizing more scenario application solutions to make it more convenient for users to use.
Huawei is helping some traditional companies realize industrial automation . For example, Huawei provided industrial Internet solutions for Hongliulin Mining Company of Shaanxi Coal Group, and improved the production efficiency of coal mines through integrated analysis of industrial big data platforms. In order to better monitor the situation in coal mines, we helped coal mines install IoT devices underground to achieve "holographic perception", which not only increased the coal mining rate of coal mines to 97.7%, but also reduced the number of underground workers by more than half.
Although Huawei has development potential in multiple business directions, its mobile phone business is still a major shortcoming. Recently, some media broke the news that the inventory of 5nm Kirin 9000 processor has been exhausted. If it wants to use more advanced chips, Huawei can only purchase them from Qualcomm . Due to the shortcomings of chips, Huawei began to develop new chip structures based on the manufacturing capabilities of Chinese chip manufacturing companies. Huawei has obtained a patent for chip stacking, which means stacking two 14nm chips to obtain the performance of a 7nm chip. In 2023, domestic chip companies may use existing equipment to help Huawei manufacture new high-performance chips.
Another good news has come out recently. Fudan University has developed heterogeneous three-dimensional stacked complementary transistor technology, also called CFET technology. CFET technology can process chips below 3nm. If this technology matures, domestic chip manufacturing companies will be able to manufacture chips of 3nm and below. Huawei's self-developed 3nm chips may become a reality. By then, Huawei will have the strength to compete with and Apple in the high-end mobile phone market.
In 2023, the main problem facing Huawei will still be chip problems. The instability of the international market will also affect the sales of Huawei products. This is also a problem that Huawei needs to face.