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Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

CNBC
Summary
Nutrition label

79% Informative

Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ( $118.2 billion ), a 22.4% year-on-year rise.

The consumer business raked in sales of 339 billion yuan , a 38.3% rise and a sharp acceleration from the growth seen last year .

Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors.

VR Score

89

Informative language

94

Neutral language

70

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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