At the Mobile World Congress in Barcelona in February 2024, Huawei showcased one of the largest displays attracting attention. The Chinese telecommunications company reported a significant increase in net profit for 2023, which was attributed to improved product offerings and a 9.6% year-on-year revenue growth to 704.2 billion yuan ($99.18 billion). Net profit saw a substantial surge of 114.5% year-on-year to 87 billion yuan.
In 2023, Huawei made a comeback in the smartphone market with the launch of the Mate 60 Pro in China. Despite restrictions from the US since 2019, Huawei’s device offers download speeds associated with 5G due to an advanced semiconductor chip. The release of the Mate 60 Pro helped drive Huawei’s smartphone sales in China, with shipments in the fourth quarter increasing by 47% year-on-year. This placed Huawei fourth in market share ahead of Xiaomi.
In contrast, Huawei’s revenue grew by only 0.9% to $642.3 billion after a tough year following a significant decline in sales in
In Hanoi, a 63-year-old woman was advised by her doctor to undergo surgery for an…
The United Arab Emirates has been ranked as the most powerful tourism and travel leaders…
The second semi-final of the men’s T20 World Cup, scheduled for June 27, will see…
Texas State Technical College's Health Information Technology program offers students a unique opportunity to gain…
Qargo, a rapidly expanding coffee franchise from Miami, has recently opened a new location in…
Individuals with diabetes can benefit from consuming specific foods that help reduce inflammation and control…