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huawei rebounds with strong revenue growth amid us sanctions challenges

Huawei is poised to announce a revenue of 860 billion yuan ($118 billion) for 2024, nearing its 2020 peak, as it rebounds from U.S. sanctions through a focus on software, chip development, and smart-driving technology. The company has shifted into new business areas, including 5G infrastructure and autonomous driving, while its consumer business is reportedly growing again. Despite challenges in regaining its former Western market position, Huawei aims to expand its international presence and integrate AI into its services.
reuters.com
Chinese Yuan NVIDIA Corporation Dongfeng Motor Group Co Ltd MYS CHN Paul Triolo Xi Jinping Ren Zhengfei Li Qiaoyi Show more
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04:44 28.03.2025
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