Huawei’s profit doubled in 2023 as smartphone, autos business picked up

Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit gains to revenue growth of … Read more

Huawei’s Meng Wanzhou says making use of 5G to enterprise was troublesome

Huawei Applied sciences Chief Monetary Officer Meng Wanzhou reacts as she leaves her residence to attend a courtroom listening to in Vancouver, Canada, August 10, 2021. Jennifer Gauthier | Reuters SHANGHAI — Huawei’s Chief Monetary Officer Meng Wanzhou stated Wednesday that making use of 5G expertise to enterprise was harder than she had anticipated. One … Read more