Huawei posts slower annual revenue growth of 2.2% 

Published Tue, Mar 31, 2026 · 10:48 PM

[BEIJING] China’s Huawei Technologies reported 2.2 growth in 2025 revenue on Tuesday (Mar 31), helped by its core businesses of infrastructure network and consumer devices, while its cloud computing operation saw a revenue decline.

The Shenzhen-based company posted 2025 sales revenue of 880.9 billion yuan (S$164.2 billion), up 2.2 per cent from a year earlier, marking a sharp slowdown from 22.4 per cent growth recorded in 2024.

The 2025 result marks Huawei’s second-highest annual revenue, trailing a record 891 billion yuan sales achieved in 2020. Net profit rose 8.6 per cent to 68 billion yuan.

Huawei’s smartphone business had suffered a dramatic decline after US sanctions restricted access to advanced chips and Google’s Android operating system, driving its total revenue down 29 per cent in 2021. Last year was the fourth consecutive year of growth since that trough.

Revenue from the consumer unit, which includes smartphones and other digital devices, rose 1.6 per cent to 344.5 billion yuan, while its information and communication technology infrastructure segment – the largest revenue contributor – posted 2.6 per cent growth in sales to 375 billion yuan, Huawei said in a statement.

The company’s smaller yet important cloud computing business reported a 3.5 per cent drop in revenue, highlighting fierce competition in China’s crowded market. Its intelligent automotive solutions unit, which helps traditional automakers develop smart vehicles, saw a revenue surge of 72.1 per cent to 45 billion yuan.

Huawei continued to allocate significant resources to research and development to mitigate the effects of ongoing US sanctions.

R&D spending surged to 192.3 billion yuan in 2025, representing 22 per cent of its annual revenue, as the company invested heavily in software, chips and manufacturing tools to reduce reliance on restricted US technology.

In a statement, chairwoman Meng Wanzhou, daughter of Huawei founder Ren Zhengfei, said the company is navigating a future “full of uncertainty,” and pledged that Huawei would continue cultivating its developer ecosystem.

Huawei’s new Ascend AI chips 950PR, which have been made more compatible with Nvidia’s CUDA software system, have been tested at big Chinese tech firms including ByteDance and Alibaba.

Huawei, which designs both Ascend AI chips and Kunpeng CPUs, said its Ascend ecosystem had over four million developers by the end of last year while its Kunpeng had 3.8 million developers.

“Our computing business continued to seize opportunities in AI,” Meng said.

Huawei said its 384 SuperPod, an AI computing system debuted last year that is designed to rival Nvidia’s GB200 NVL 72, has found customers in industries such as Internet, finance and telecommunications. REUTERS