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Progress is a key theme of Huawei’s not too long ago launched 2023 Annual Report, which exhibits that the Chinese language expertise big generated income of US$99.5 billion, with a revenue of US$12.3 billion.
Placing that into context, that positions Huawei’s annual income above the likes of Tesla (US$96.8 billion), Financial institution of America (US$98.6 billion), Dell (US$91.1 billion), and NTT (US$93.8 billion).
The corporate stated that 2023 efficiency was consistent with expectations, and that its ICT infrastructure enterprise remained stable, whereas the patron enterprise met expectations.
Cloud computing and digital energy companies grew steadily, and the clever automotive resolution enterprise started large-scale supply.
Analysis and innovation are cornerstones of Huawei’s long-term progress technique and the corporate invested 23.4% (US$23.3 billion) of its annual income into R&D in 2023. In complete, R&D funding previously decade has reached US$157 billion.
“The corporate’s efficiency in 2023 was consistent with forecast,” stated Ken Hu, Huawei’s Rotating Chairman.
“We have been by loads over the previous few years. However by one problem after one other, we have managed to develop. The belief and help of our prospects, companions, and associates world wide is what helped us maintain going, maintain surviving, and continue to grow.”
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