[February 28, 2020] Despite mounting challenges in 2019, Huawei managed to navigate the year's difficulties by remaining committed to creating value for customers and working closely with partners. Indeed, its annual sales revenue is estimated to top CNY850 billion (US$124 billion) for the year, representing roughly 18 percent growth year-on-year.
For the Enterprise Business Group (EBG), 86 percent of revenue was generated from cooperation with partners. By the end of 2019, Huawei had established over 28,000 partnerships worldwide, with an annual growth rate above 10 percent for the eighth consecutive year. In 2020, together with partners, we will continue to build a prosperous ecosystem for the intelligent era.
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