Huawei¡¯s Annual Revenues from Consumer Business Would Reach USD 150 Billion in 5 Years

Updated:2019/4/5 20:51

A few days ago, Huawei authorized Consumer Business Group (CBG) for “army group combat”, independent reform and policy relaxation within the boundary of organization structure design and salary system, and hoped to build an iron army in 5 years. It revealed that the annual sales revenues from consumer business would reach USD 150 billion by 2023.

Ren Zhengfei, founder and CEO of Huawei, pointed out that a new generation of terminal products would constantly be produced on the basis of users’ habits every 3 years, but were easily beaten.

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