Huawei's revenue in 2025 will be 880.9 billion yuan, with R&D investment accounting for 21.8%

Chinese technology giant Huawei has continued to expand its business footprint in recent years and has become one of China's representative technology companies. (Illustration, AFP)

[Financial Channel/Comprehensive Report] Chinese technology giant Huawei has continued to expand its business footprint in recent years. From its early focus on telecommunications equipment, it has gradually expanded into fields such as smartphones, cloud computing, artificial intelligence, digital energy, and smart cars, becoming one of the most iconic technology companies in China.

According to Huawei's 2025 annual report, Huawei's global sales revenue in 2025 will reach 880.9 billion yuan (approximately NT$4.16 trillion), an increase of approximately 2.2% from 862.1 billion yuan (approximately NT$4.06 trillion) in 2024; the full-year net profit will be 68 billion yuan (approximately NT$320.767 billion). As of the end of 2025, Huawei has approximately 213,000 employees worldwide and operates in more than 170 countries and regions.

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From the perspective of business structure, information and communications technology (ICT) infrastructure is still Huawei's largest business, with revenue in 2025 of approximately 375 billion yuan (approximately NT$1 trillion 7.6 billion), covering telecommunications networks, 5G, data centers, and enterprise networks. The terminal business generated approximately 344.5 billion yuan (approximately NT$1.62 trillion) in revenue, with products including smartphones, tablets, wearable devices, personal computers and smart home devices.

In addition to communications and consumer electronics, Huawei has also actively deployed in other industries in recent years. Among them, the revenue of the digital energy business in 2025 will be approximately 77.3 billion yuan (approximately NT$364.637 billion), involving solar energy, energy storage and data center energy, etc.; the revenue of smart car solutions will be approximately 45 billion yuan (approximately NT$212.272 billion), covering smart driving, smart cockpit and vehicle-related technologies. Huawei also continues to develop cloud computing and artificial intelligence, hoping to further expand its influence in the digital infrastructure market.

R&D is also an important pillar for Huawei to maintain its competitiveness. Huawei will invest approximately 192.3 billion yuan (approximately NT$907.11 billion) in research and development in 2025, accounting for 21.8% of annual revenue. The company stated that its cumulative R&D investment in the past ten years has exceeded 1.382 trillion yuan (approximately NT$6.52 trillion), showing that Huawei continues to invest a large amount of resources in technological research and development.

In terms of market, China is still Huawei's most important market. Huawei's revenue in the Chinese market will reach 616.2 billion yuan (approximately NT$2.91 trillion) in 2025, accounting for approximately 70% of global revenue. The huge Chinese market not only provides Huawei with an important source of revenue, but also provides large application scenarios for its communications, consumer electronics, energy and smart car businesses.

The industry believes that Huawei's current development can no longer be viewed purely as a "mobile phone company." From telecommunications equipment to smartphones, and extending to artificial intelligence, cloud, energy and automotive technology, Huawei is building a cross-industry technology ecosystem. Its corporate scale and R&D investment also make Huawei an important case for observing the development of China's technology industry and technological independence.

However, Huawei's development in the global market also faces challenges such as international technology competition and supply chain constraints. In the future, whether Huawei can continue to maintain its research and development capabilities, expand overseas markets, and establish competitive advantages in emerging fields such as artificial intelligence, chips, and smart cars will become an important factor affecting its next stage of development.

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