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HUAWEI 2024 REVENUE
Huawei commits $10 billion to boosting computing power for smart drivingHuawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost...- Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
- Huawei reports slowing revenue growth in 2025Chinese tech giant Huawei's revenue growth slowed last year, its annual report showed Tuesday, as sales of the company's consumer devices p...
- PSAV Global to begin production of Honor smartphones in India by MarchPSAV Global, Honor's brand partner, plans to begin manufacturing Honor smartphones in India by November 2025, aiming for a 1% market share ...
- Nvidia strikes $3 billion revenue-sharing deal with Trump administration to resume AI chip sales in ChinaNvidia struck a deal with the Trump administration to continue selling chips to China. The agreement involves Nvidia sharing revenue with t...
- After years of survival, China's Huawei returns to revenue peakHuawei's executives have previously said Washington's moves pushed the company into "survival mode", driving it to explore new business lin...
- Can't spell iPhone without India: Country set to become tech giant's third-biggest market by 2026India is set to become Apple's third-largest market by 2026, with significant growth in iPhone sales driven by easier financing, festival d...
- Nvidia cuts China prices in Huawei chip fightThe flattening prices underscore the challenges Nvidia's China business faces amid U.S. sanctions on AI chip exports and heightened competi...
- Nvidia cuts China prices in Huawei chip fight, sources sayNvidia's advanced AI chip designed for the Chinese market is facing challenges, with oversupply leading to lower prices than Huawei's rival...
- US revokes Intel, Qualcomm's export licenses to sell to China's Huawei, sources sayThe United States stated on Tuesday that it has revoked certain licenses that permit companies to transport products, like chips, to the sa...
- Huawei Q1 Results: Chinese tech giant posts over fivefold rise in profitsTech giant Huawei's profits surged over fivefold year-on-year in the first quarter of 2024, a company filing showed Tuesday, as the firm co...
- How China's iPhone killer has sharpened its knifeHuawei's technological advancements and market dominance has posed a significant threat to Apple's iPhone in China. Despite US sanctions, H...
- Apple loses top spot in China market with shipments down 6.6% in Q1, data showsIn the first quarter of 2024, Apple's dominance in China's smartphone market waned as Honor and Huawei tied for the top spot. Despite Apple...
- Huawei's profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses growThe Shenzhen-based company reported a net profit of 87 billion yuan ($12 billion), helped by strong sales and an improved product portfolio...
- Apple's iPhone sales in China plunge 24% as Huawei's popularity surgesThe U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the ...
- Apple set for modest iPhone sales growth, China worries remainWall Street expects the company's latest flagship iPhone 15 to face stiff competition from Samsung's new Galaxy S24 packed with generative ...
- Huawei forecasts 9% revenue growth in 2023 as smartphones surgeHuawei's smartphone shipments surged 83% in October year-on-year, helping the overall Chinese smartphone market to grow 11% over the same p...
- Apple grapples with turmoil in China days before iPhone 15 launchApple is facing potential crises in China ahead of the launch of its new iPhone. The company is contending with a growing ban on iPhone use...
- Huawei plotting to overcome US ban with return of 5G phones: research firmsA return to the 5G phone market would mark a victory for the company that for almost three years said it was in "survival" mode.
- Xiaomi revenue misses estimates as competition intensifiesThe company, which gets the vast majority of its revenue by selling mobile handsets, said smartphone revenue rose 0.4% to 47.8 billion yuan...
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