Huawei Photo: VCG

Following Chinese telecom equipment giant Huawei's latest release of its 2021 annual report, financial agencies expected that devices equipped with HarmonyOS may be able to exceed the critical 16 percent line of active devices worldwide between 2022 and 2023, representing about 560 million units. The development of HarmonyOS digital ecology is also in line with expectations. 

According to a research report issued by PingAn Securities on Tuesday, the expansion of HarmonyOS is in line with expectations, laying the foundation for subsequent system and software ecology development. 

The number of devices equipped with HarmonyOS exceeded 220 million units as of the end of 2021, becoming the fastest growing mobile terminal operating system across the globe, according to Huawei's annual report. 

The number of shipped third-party devices connected with HarmonyOS Connect and the ecological system reached more than 115 million units, totaling more than 330 million units. The total number slightly exceeded the target plan set by the company in 2021. 

The report noted that devices equipped with HarmonyOS may cross the 16 percent mark of active devices worldwide (about 560 million units) from 2022 to 2023, noting that HarmonyOS will be able to survive in the short term, but the long-term development will still depend on the expansion of use scenarios and markets.

Huawei's Chief Financial Officer Meng Wanzhou said on Monday that the company's revenue reached 636.8 billion yuan ($99.97 billion), down 28.6 percent year-on-year. Net profit was 113.7 billion yuan, up 75.9 percent

Global Times