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Unlocking Shared Opportunities in the Digital Economy

Unlocking Shared Opportunities in the Digital Economy
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Huawei Cloud's Prestigious Startup Ignite Competition Marks Fourth Year of Nurturing Tech Innovators

Huawei Cloud's Prestigious Startup Ignite Competition Marks Fourth Year of Nurturing Tech Innovators
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Huawei empowers the digital startup ecosystem at the 'Spark-Ignite Pitching Day'

Mr. Abel Deng (7th from left; standing), Chief Executive Officer (CEO), Huawei Technologies Thailand Co., Ltd.; Dr. Pun-Arj Chairat (6th from left; standing), Executive Director of the National Innovation Agency (NIA); Mr. Leo Jiang (8th from left; standing), Chief Digital Officer, HUAWEI CLOUD APAC together with the judging committee congratulates and takes a photo with the top 8 teams from the “Spark-Ignite Pitching Day & Award Ceremony” startup competition at the flagship Spark Founders Summit event, Asia’s fastest growing startup event. The finals were held in conjunction with Huawei Connect 2022 at Queen Sirikit National Convention Center (QSNCC).

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Huawei Spark Ignite 2022 - Global Startup Competition | Opportunities For Africans

Huawei releases 2021 Annual Report: Solid operations, investing in the future

Huawei released its 2021 Annual Report on March 28, revealing that the company had maintained solid operations throughout the past year. As per the report, Huawei achieved CNY636.8 billion in revenue in 2021, and CNY113.7 billion in net profits, an increase of 75.9% year-on-year. The company's R&D expenditure reached CNY142.7 billion in 2021, representing 22.4% of its total revenue, and bringing its total R&D expenditure over the past 10 years to over CNY845 billion. Moving forward, the company also plans to continuously increase investment in R&D.

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