Chinese tech giant Huawei says profits more than doubled in 2023

Chinese tech giant Huawei on Friday said its profits more than doubled in 2023, as it ramps up efforts to bounce back a year that saw the company apparently defy US sanctions with the release of a high-end smartphone. The rise in profits follows a year in which the firm raised eyebrows in Washington with the release of its Mate 60 Pro smartphone.

Mar 29, 2024 - 12:13
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Chinese tech giant Huawei says profits more than doubled in 2023
Chinese tech giant Huawei on Friday said its profits more than doubled in 2023, as it ramps up efforts to bounce back a year that saw the company apparently defy US sanctions with the release of a high-end smartphone. The rise in profits follows a year in which the firm raised eyebrows in Washington with the release of its Mate 60 Pro smartphone.

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Phillimon Sefake Phillimon Sefake is a creative writer and literary scholar