Huawei hits record revenue after selling 45 million phones in 2024
Huawei hits record revenue after selling 45 million phones in 2024
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After years of survival, Huawei is about to kiss those sanctions imposed by the United States by farewell and reporting large revenue numbers.
The company will soon provide its annual results, which are It is expected that the revenues of 2024 will confirm that it will reach 860 billion yuan (about $ 118 billion in directly transferred). This number is very close to the height of Huawei's revenue for 2020, when it was 891 billion yuan. Immediately, Huawei was cut from access to advanced chips of technology and 5G support.
After that, Huawei entered what could be described as "survival mode", but thanks to the program's payment, technology facades that make chips, and the company is now facing.
Huawei has spent the past few years adapting to the restrictions of the United States by expanding new industries and developing alternatives to Western technology. Initially, the company's executive officials described the position as a battle for survival, prompting Huawei to find new revenue flows and cooperate more closely with the local Chinese authorities and state -backed companies.
However, her position has grown more confident. At a meeting with President Xi Jinping last May, Huawei founder, Ren Chengvi, said that China's concerns about the lack of dusts and local software had eased.
The new Pura X opens from Huawei from the side. | Credit image - Huawei
While Huawei did not provide detailed details of its revenue sources, it has confirmed a return to growth in the consumer electronics department and the rapid expansion of the auto sector. Reports indicate that the company shipped more than 45 million smartphones in 2024, which represents an increase on an annual basis of not less than 25 %, although the challenges of chips production continued.
Since facing US sanctions, Huawei has explored new opportunities, including building 5G infrastructure and providing energy storage systems for data centers. After the loss of access to the Android and Oracle program from Google, he developed his operating system, and Harmonyos, which is now working on more than a billion devices, as well as the royal institutions âresources planning system calledâ Metaerp â.
Without reaching the American semiconductor technology, it also designed its advanced chips, and competed with NVIDIA in artificial intelligence devices.
In the automotive industry, Huawei has placed itself as a leading company in independent driving technology, working with state -owned car manufacturers to enhance the electric car sector in China. The M7 and M9 models, which include the technology of helping drivers in Huawei, has become one of the best -selling books.
After years of survival, Huawei is about to kiss those sanctions imposed by the United States by farewell and reporting large revenue numbers.
The company will soon provide its annual results, which are It is expected that the revenues of 2024 will confirm that it will reach 860 billion yuan (about $ 118 billion in directly transferred). This number is very close to the height of Huawei’s revenue for 2020, when it was 891 billion yuan. Immediately, Huawei was cut from access to advanced chips of technology and 5G support.
After that, Huawei entered what could be described as “survival mode”, but thanks to the program’s payment, technology facades that make chips, and the company is now facing.
Huawei has spent the past few years adapting to the restrictions of the United States by expanding new industries and developing alternatives to Western technology. Initially, the company’s executive officials described the position as a battle for survival, prompting Huawei to find new revenue flows and cooperate more closely with the local Chinese authorities and state -backed companies.
However, her position has grown more confident. At a meeting with President Xi Jinping last May, Huawei founder, Ren Chengvi, said that China’s concerns about the lack of dusts and local software had eased.
The new Pura X opens from Huawei from the side. | Credit image – Huawei
While Huawei did not provide detailed details of its revenue sources, it has confirmed a return to growth in the consumer electronics department and the rapid expansion of the auto sector. Reports indicate that the company shipped more than 45 million smartphones in 2024, which represents an increase on an annual basis of not less than 25 %, although the challenges of chips production continued.
Since facing US sanctions, Huawei has explored new opportunities, including building 5G infrastructure and providing energy storage systems for data centers. After the loss of access to the Android and Oracle program from Google, he developed his operating system, and Harmonyos, which is now working on more than a billion devices, as well as the royal institutions âresources planning system calledâ Metaerp â.
Without reaching the American semiconductor technology, it also designed its advanced chips, and competed with NVIDIA in artificial intelligence devices.
In the automotive industry, Huawei has placed itself as a leading company in independent driving technology, working with state -owned car manufacturers to enhance the electric car sector in China. The M7 and M9 models, which include the technology of helping drivers in Huawei, has become one of the best -selling books.
