Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Chinese telecom giant Huawei revenue surges despite U.S. sanctions
Economy

Chinese telecom giant Huawei revenue surges despite U.S. sanctions

Last updated: February 5, 2025 9:03 pm
Share
Chinese telecom giant Huawei revenue surges despite U.S. sanctions
SHARE

Huawei Unveils Mate 70 Series with HarmonyOS NEXT

Huawei made headlines on November 26, 2024, as it launched the highly anticipated Mate 70 series in a grand event held in Shenzhen. The standout feature of these new smartphones is their ability to run on Huawei’s latest operating system, HarmonyOS NEXT.

Despite facing restrictions from the U.S. government that limit its access to cutting-edge technology, Huawei continues to thrive in the global market. In 2024, the company reported a record-breaking revenue of over 860 billion yuan ($118.27 billion), marking a significant 22% increase from the previous year. This growth rate is the fastest Huawei has seen since 2016, when revenue surged by 32%.

Chairman Howard Liang shared these impressive numbers during a recent local government conference, highlighting the remarkable performance of Huawei’s consumer business, which has shown signs of “returning to growth.” Additionally, Huawei’s car solutions business has been experiencing rapid development, while its information and communications technology division, the largest revenue generator for the company, has remained stable.

Since 2019, Huawei has faced challenges due to restrictions imposed by the U.S., which have limited its access to key technologies such as 5G chips and Google’s Android operating system. Despite these obstacles, Huawei has managed to pivot and adapt, showcasing its resilience and innovation in the face of adversity.

In the smartphone market, Huawei has been making waves with its latest releases. In 2023, the company saw a resurgence with the launch of the Mate 60 Pro in China, which received rave reviews for its lightning-fast download speeds powered by advanced semiconductor chips. Building on this success, Huawei raised the bar once again with the unveiling of the Mate 70 series, featuring the groundbreaking HarmonyOS NEXT operating system.

See also  Tariffs, Inflation, and Recession Fears Could Be a Tailwind for This Retail Stock and Propel It to a $1 Trillion Valuation

The Mate 70 smartphones are not only a testament to Huawei’s technological prowess but also a bold statement of independence as the company shifts away from reliance on external software providers. With HarmonyOS NEXT, Huawei aims to offer users a seamless and secure mobile experience that sets it apart from the competition.

As Huawei continues to push boundaries and redefine the smartphone industry, the Mate 70 series stands out as a testament to the company’s unwavering commitment to innovation and excellence. With its impressive performance and cutting-edge features, Huawei is set to solidify its position as a global leader in the world of technology.

TAGGED:ChineseGiantHuaweiRevenuesanctionsSurgestelecomU.S
Share This Article
Twitter Email Copy Link Print
Previous Article Your EV Battery: Its Life and Afterlife Your EV Battery: Its Life and Afterlife
Next Article Freedom and Responsibility – Econlib Freedom and Responsibility – Econlib
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Scientists highlight widespread human exposure to packaging-related chemicals

A groundbreaking study has shed light on the extent of human exposure to food contact…

September 17, 2024

Forests with robust animal populations store four times as much carbon

Animals like capuchin monkeys help spread seeds in tropical forestsCarlos Grillo/Getty Images/iStockphoto Tropical Forests and…

July 30, 2025

WATCH: Biden Struggles With Teleprompter, Incoherently Slurs Through Speech – Has Confused Moment When Asked About Operation to Rescue US Hostage Austin Tice in Syria: “Get Who?” |

President Biden delivered a speech on Sunday, addressing the recent developments in Syria as rebel…

December 8, 2024

What worries media mogul Rogers

Former NBC Cable President Tom Rogers is dialing back his bullishness on Netflix, citing competition…

July 26, 2025

Famous Figurines … Celebs Take on the Viral A.I. Box Doll Trend

Celebs Embrace New A.I. Craze ... Dolls Galore! Published April 14, 2025 4:19 PM PDT…

April 14, 2025

You Might Also Like

Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating
Economy

Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?