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Huawei revenue surges in 2023
Huawei Technologies Co.’s revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple Inc. and US sanctions with a surprise breakthrough in chip technology.
Sales jumped to more than 700 billion yuan (R1.832 trillion), their fastest pace of growth in years, thanks to a resurgent smartphone business and robust 5G equipment sales.
[Bloomberg]
Huawei Technologies Co.’s revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple Inc. and US sanctions with a surprise breakthrough in chip technology.
Sales jumped to more than 700 billion yuan (R1.832 trillion), their fastest pace of growth in years, thanks to a resurgent smartphone business and robust 5G equipment sales.
[Bloomberg]