Huawei revenue surges nearly 30% in first 9 months on back of rising smartphone sales

Huawei revenue surges nearly 30% in first 9 months on back of rising smartphone sales

The Shenzhen-based company reported a 29.5 per cent jump in revenue to 585.9 billion yuan (US$82.3 billion) in the first three quarters of 2024, up from 452.3 billion yuan in the same period last year, according to a filing to the Shanghai Clearing House, the sole central clearing counterparty in China’s interbank market. However, Huawei … Read more