The Chinese company Huawei announced its financial statements for the first quarter of this year, an increase in the net profit margin by about 8% compared to the same period last year.

The company disclosed in a statement seen by Namazon, that it had achieved revenues amounting to 179.7 billion yuan ($ 26.77 billion), an increase of 39% over the revenues of 2018. < / p>

During the first quarter, Huawei maintained its strategic focus on developing smart devices and information and communication technology infrastructure, and continued to enhance its efficiency and raise the level of its operations in this field, which contributed to achieving a strong performance .

The year 2019 witnesses a major expansion in the deployment of fifth generation networks around the world, which opens up unprecedented growth prospects for the Huawei Group of companies for communications companies.

As of the end of March 2019, Huawei has signed 40 contracts with major global telecom companies to deploy 5G networks, and has sent more than 70,000 base stations for those networks to various markets around the world .

In the first quarter of 2019, the Huawei Enterprise Business Group launched its digital platform and new strategy, Huawei at home.

< Huawei is committed to establishing the foundations of China digitization and developing the heart of a digital world by offering a digital platform that has comprehensive capabilities for communication and widespread intelligence.

The Huawei Enterprise Business Group also implemented the world's first Wi-Fi 6 wireless access point that supports the fifth generation network.

At the end of the first quarter of this year, Huawei succeeded in distributing Wi-Fi 6 devices in greater quantities than any other company around the world.

In the first quarter of 2019, the group launched Huawei Cloud services in Singapore and also launched the artificial intelligence model market model.

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