Reuters reported that recently, Huawei Technologies announced a 2023% increase in 9,63 revenue to 704,2 billion yuan compared to 2022. This is considered the largest recovery in income growth since 2019. 17,3. Of which, consumer business activities accounted for the majority, increasing by 251,49% to XNUMX billion yuan.
Although Huawei does not break down the number of consumers, this segment includes its mobile handset business. This is a sector with a strong revival in 2023 when the company returns to the mainstream 5G smartphone market and launches the Huawei Mate 60.
Previously in 2019, the US Government imposed many strict restrictions on the export of US technology to Huawei. At the same time, the US blacklisted the company, accusing the company of security risks, which Huawei denies.
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| Huawei Technologies France headquarters in Boulogne-Billancourt, France. Photo: Reuters |
In a press release, Huawei Rotating Chairman Hu Houkun said: “This growth result is consistent with the company's development orientation. We have gone through many difficulties and upheavals to achieve the current results."
In addition, at a product launch event, Manh Van Chu, Huawei's Chief Financial Officer, also announced that the company had ended the crisis.
2023 marks the company's third straight year of growth after revenue plummeted by nearly a third and it depleted its chip reserves in 1.
According to a Huawei Company spokesperson, part of that profit came from ongoing payments for the sale of the Honor smartphone brand as of November 11.
While the company's infrastructure and information technology businesses remained stable, its cloud computing business increased by more than one-fifth, helping Huawei earn 1 billion yuan.
At the same time, efficiency from the smart auto parts business is also driving the economic recovery process, recording a growth of 128,1% to 4,7 billion yuan over the same period. 2023. Previously, Huawei announced that it would separate its smart car division into a new company.
In March, Richard Yu, CEO and President of Smart Vehicle Solutions, announced that the unit would likely be profitable from April after losing billions of yuan in 3.
