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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
"Chinese telecoms firm Huawei grew faster in 2023 than it has for 4 years, as it shrugged off the impact of US sanctions. Revenues rose by nearly 10% to 704.2bn yuan (£77bn) as the Shenzhen-based company enjoyed a rebound within its consumer segment…" https://t.co/wzfogMrlwD
Huawei's 2023 global sales revenue hits nearly 98 billion dollars, up by 9.63% y-o-y https://t.co/zVrgYUiWNl
Despite US #sanctions, #Huawei in 2023 managed to record a surge in profit while also widening its ecosystem and achieving technological breakthroughs. https://t.co/dKkQqsSBYH
Huawei, the Chinese tech company, reported a significant increase in profits in 2023, with net profit surging 144.5% to 87 billion yuan and revenue growing 9.6% to 704.2 billion yuan. Despite US sanctions, Huawei's sales revenue reached nearly $98 billion, up by 9.63% year-on-year. The company's financial performance was described as the best since 2019, driven by better product offerings and growth in cloud and digital businesses.
