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Huawei claims it is out of “Crisis mode” despite the stability of revenues

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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Chinese technology Huawei giant says He got out of “crisis mode” years later of US restrictions that hampered overseas sales, despite its revenue for 2022 failed to grow compared to last year.

American restrictions are now new Normal, and we back to me business As usual,” Eric Xu, Huawei current Chief, he said in New Year’s message released on Friday.

Huawei Technologies Co., Ltd., China first global tech brand, since US President Donald Trump banned it access For US processor chips and others technology in 2019 on On the grounds that Huawei could facilitate Chinese espionage.

Huawei denies the accusations that it may be a security breach risk.

Unaudited Huawei revenue for 2022 is expected to be 636.9 billion yuan ($91.6 billion) – almost unchanged from year earlier and in Line with previous estimates.

Shaw said in The message that the company contacts network business Keep steady growthAnd that a decline in The sector of its devices – especially phones – declined.

he is also He said the company achieved “rapidly growth” in Cloud business.

Huawei did not release more Hinge financial Numbers for business or the company’s total profit.

In the future yearXu pledged to maintain Huawei’s huge investment in research And the development They said that clouded it business needs to becomefoundation” for Leadership growth.

Epidemic only in Praising the company’s “frontline employees”. outside of China – those who I have kept the fort to serve our clients despite the negative effects of COVID-19…”

Xu’s letter did not mention the recent abrupt end to the strict virus controls or major outbreaks of disease of COVID-19 is now sweeping through China and beyond countries.

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