Huawei Claims Its Net Profit More Than Doubled In All Business Sectors For 2023, Despite The Unrelentless U.S. Crackdown

News Snapshot:

Smartphone makers would already be sweating because of Huawei’s mounting comeback, and according to the Chinese firm’s financial claims, competitors in other product categories might be feeling the heat too. According to the latest report, the company’s net profit more than doubled in 2023, and what is impressive about the following figures is that Huawei experienced success while its back was against the wall thanks to the constant trade roadblocks set up by the U.S. Latest figures reveal that Huawei has netted $12 billion in profit, making it the highest in five years, excluding 2021 With a net profit of...