Original title: Huawei invested 120 billion in R & D: it will continue to invest in R & D and adhere to the strategic direction
On July 30, Huawei released its operating results for the first half of 2019. Liang Hua, chairman of Huawei, announced that in the first half of this year, Huawei achieved sales revenue of 401.3 billion yuan, a year-on-year increase of 23.2%; The net profit margin is 8.7%.
Liang Hua, chairman of Huawei, said at the press conference that the difficulties of the external environment may temporarily affect the pace of Huawei's progress, but it will not change the direction of Huawei's progress.
"We will still adhere to the strategic direction of the company. First of all, we must survive. We are still confident about this. On the one hand, we should take continuous hole filling measures to ensure the future survival of the company. At the same time, we will continue to invest in the future and let us seek development in the pursuit of survival. " Liang Hua said.
Liang Hua announced that Huawei plans to invest 120 billion yuan in R & D this year. It is believed that after overcoming these short-term difficulties and challenges, the company will usher in a new round of development.