Huawei company earned 118 billion dollars in 2024 despite US sanctions. This result represents a 22% increase compared to last year and exceeded analysts' forecasts.
Key factors of Huawei's success:
- Smartphone market – It has secured a strong position in China with its Kirin chipsets.
- Development in the automotive sector – The company is developing software for cars.
- Creation of artificial intelligence (AI) chips – The new Ascend 910C chip could become Huawei's next big step.
Thus, Huawei continues to strengthen its position through technological advancements while withstanding global market pressures.
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