Huawei reported net profits of CNY87 billion in 2023, up 144.5% year-on-year Chinese vendor Huawei reported total revenues of CNY704.2 billion ($99.1 billion) in 2023. In a release, the vendor also reported net profits of CNY87 billion in 2023, up 144.5% year-on-year. In 2023, the company invested CNY164.7 billion back into R&D, which accounted for […]

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