Tag: 2024 performance

Huawei’s 2024 Performance and Strategic Moves Signal Robust Growth Amid Challenges In 2024, Huawei Technologies reported a significant surge in revenue, reaching a near-record high of CNY862.1 billion, marking a 22.4% increase from the previous year. Despite a 28% drop in net profit to CNY62.6 billion, attributed to heavy investments in research and development (R&D),…