Chinese telecoms giant Huawei says profits more than doubled in 2023

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Chinese telecoms giant Huawei says profits more than doubled in 2023
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Chinese telecom giant Huawei on Friday said its profits more than doubled in 2023, a year that saw the company defy US sanctions with the release of a high-end smartphone.

People visit the stand of Huawei Chinese corporation during the Mobile World Congress , the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024. The world's biggest mobile phone fair throws open its doors in Barcelona with the sector looking to artificial intelligence to try and reverse declining sales.BEIJING, China —

Huawei has been at the centre of an intense standoff between China and the United States, with Washington warning its equipment could be used for espionage, an allegation the company denies.GForest named 2023 national winner of Energy Globe Award in the PhilippinesWatsons wins Silver at 59th Anvil Awards for Himtayan campaignSpanish judge orders nationwide suspension of Telegram

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