Huawei revenue up by a third in 2024 amid resurgent smartphone sales in China

Quick Summary:

The Chinese tech giant reported a 34 per cent jump in revenue to US$58.6 billion for the first half, as the company rebounds in the face of US sanctions.

Customers shop at a the flagship Huawei store in Beijing after the Pura 70 series phones went on sale on April 18, 2024.

The company’s consumer devices, which includes smartphones, and smart car solutions businesses “grew rapidly”, while its ICT infrastructure, cloud, and digital power businesses remained steady, according to a separate statement provided to the Post.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Iris Deng

Category: Technology

Markets: Hong KongChina

Topics: Huawei Pura Smartphones Cent Company 2024 Revenue Business Chinese Series First

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 18:00:46 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22294934

View Article Analysis

About SCMP

Main Topics: Technology

Official Website: scmp.com

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #41

Publisher Details

Frequently Asked Questions