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Huawei Expects Over 700 Billion Yuan Revenue, Thanks to Huawei Mate 60 Success

Ken Hu, Huawei’s rotating chief executive officer, said the company could earn more than 700 billion yuan in revenue this year. Thanks to the good sales of smartphones, especially the Huawei Mate 60, which is believed to use state-of-the-art chips produced in China.

Reuters reveals New Year’s message to employees from “Ken Hu” Rotating Chief Executive Officer of Huawei Technology, a national technology giant.China It said the company may have revenues of more than 700 billion yuan this year.

The figure represents 9% year-over-year revenue growth. Previously, revenue in 2022 was 642.3 billion yuan.

Such predictions are evidence that Huawei recovered after the boycott fromUnited StatesThat started in 2019, causing some of the company’s businesses to reach a dead end. due to restricted accesstechnologyWorld-class important items such as state-of-the-art chips

Hu sent a message to employees saying “Thank you to all our partners in the value chain who stood by us through thick and thin. And I would like to thank every member of the Huawei team. For fighting hard and never giving up After many years of hard work We can weather the storm. And now we are back on track again,” adding that the equipment business sector Including Huawei’s smartphone business doing better than expected.

In August, Huawei created a surprise by releasing a series of smartphones. Huawei Mate 60 It is believed to be a mobile phone using a locally developed chip set. And many people viewed the launch as It’s a comeback in the market.smartphoneHuawei’s high end After facing sanctions from the United States for many years

Counter Point reveals that Huawei smartphone shipments in October surged 83% year-on-year. Supporting the overall Chinese smartphone market to grow 11% in the same period.

Looking ahead to 2024, Huawei said in a letter to employees: The equipment business may be one of the main business lines that the company will focus on in expanding its business.

However, Huawei revealed that there are still obstacles in the business.

“There is a lot of geopolitical and economic uncertainty. technological limitations and trade barriers It still has an impact on the world,” Hu said, adding that dealing with such challenges Huawei will focus on enhancing business efficiency. Including head office improvement initiatives Simplify management and ensure consistent policies Including adjusting operations as necessary.

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