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CEO North America > Technology > Huawei revenue rebounds to nearly $100 billion in 2023

Huawei revenue rebounds to nearly $100 billion in 2023

in Technology
New US job openings hit two-year low in November
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Chinese technology company Huawei is reportedly “back on track” after earning more than $99 billion in revenue during 2023.

Huawei’s revenue was reportedly boosted by the popularity of its Mate 60 Pro smartphone, which launched to the market in August.

This marks a 9% increase from Huawei’s 2022 revenue, though is still down from the $123 billion in revenue the company pulled in 2019.

The revenue increase comes following the U.S. government sanctioned Huawei’s devices due to supposed national security risks.

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