Huawei hits $118b revenue, fastest growth in 4 years

Huawei’s annual revenue for 2024 reached 860 billion yuan (US$118.27 billion), reflecting a 22% increase from the previous year.

This revenue marks the company’s fastest growth in four years.

In 2023, Huawei’s total annual revenue was 704.2 billion yuan (US$96.82 billion).

The company credited its success to growth across various business segments.

Recent Huawei developments

Timeline
05-Feb-2025 🚀 Huawei, Moore Threads adopt DeepSeek’s AI models Moore Threads backs DeepSeek’s AI models with GPUs Huawei integrates models into its Ascend cloud service
03-Feb-2025 🤖 Huawei, SiliconFlow launch DeepSeek AI models on cloud Huawei partners with SiliconFlow for AI models. DeepSeek models available via Huawei’s Ascend cloud.
30-Jan-2025 📱 Huawei pushes HarmonyOS Next for tech independence Huawei launches HarmonyOS Next with Mate 70 Aims for 100,000 apps, boosting tech independence
14-Jan-2025 ✈️ Huawei, Fangda Group to boost AI in aviation, steel Huawei partners with Fangda for AI in aviation Future collaborations in pharmaceuticals possible
26-Dec-2024 📱 Huawei uses South Korean chips amid export controls Huawei’s Mate 70 uses SK Hynix memory chips Shift from Chinese chips amid US export controls

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