Huawei chairman says 2024 revenue exceeded $118 billion


FILE PHOTO: Huawei Technologies Co Ltd Chairman Liang Hua speaks during a news conference in Paris, France, February 27, 2020. REUTERS/Charles Platiau/File Photo

SHANGHAI (Reuters) - Huawei's chairman said on Wednesday that the tech company's annual revenue exceeded 860 billion yuan ($118.27 billion) last year, as it continued to shake off the impact of U.S. sanctions and its consumer business returned to growth.

Liang Hua made the remarks at a forum in Guangzhou, according to a report by the Shenzhen Business Daily, which was confirmed by a Huawei spokesperson.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

OpenAI introducing ads to ChatGPT
Social media addiction's surprising challenger? Anti-doomscrolling influencers
South Korea's Lee, Italy's Meloni agree to strengthen cooperation in AI, chips
Does AI create new ideas, or just repeat old ones?
A new video game traps players in an online scam centre
Confiding in code: When ChatGPT is the third wheel in your relationship
Sequoia to join GIC, Coatue in Anthropic investment, FT reports
South Korea to negotiate with the US for favourable chip tariff terms, official says
'Take a break': YouTube targets the endless scrolling of teens
Elon Musk's X limits Grok's sexually explicit AI image generation

Others Also Read