• Latest
  • Trending
China’s telecoms giant Huawei releases 2024 annual report: performance in line with forecast

China’s telecoms giant Huawei releases 2024 annual report: performance in line with forecast

31 March 2025
Uniqus Consultech launches AI UniVerse

Uniqus Consultech launches AI UniVerse

5 August 2025
TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship

TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship

5 August 2025
C Vijayakumar earns the highest salary among Indian IT CEOs as HCLTech grows fast

C Vijayakumar earns the highest salary among Indian IT CEOs as HCLTech grows fast

5 August 2025
The US raises taxes on Indian goods, affecting trade and growth

The US raises taxes on Indian goods, affecting trade and growth

5 August 2025
Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

4 August 2025
Big investment planned by JSW and JFE for Power Steel

Big investment planned by JSW and JFE for Power Steel

4 August 2025
Adani Group starts cityside development at eight airports

Adani Group starts cityside development at eight airports

4 August 2025
NUS, Google launch joint AI centre to boost research and talent development

NUS, Google launch joint AI centre to boost research and talent development

4 August 2025
India’s steel policy 2025: boosting domestic manufacturing, reducing Chinese imports

India’s steel policy 2025: boosting domestic manufacturing, reducing Chinese imports

3 August 2025
Meta sees big gains across revenue, profit and users in Q2 2025

Meta sees big gains across revenue, profit and users in Q2 2025

3 August 2025
OpenText and TELUS launch Canada’s first Sovereign AI Cloud platform

OpenText and TELUS launch Canada’s first Sovereign AI Cloud platform

3 August 2025
Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

2 August 2025
Wednesday, August 6, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

China’s telecoms giant Huawei releases 2024 annual report: performance in line with forecast

in Media Release
Reading Time: 2 mins read
0
China’s telecoms giant Huawei releases 2024 annual report: performance in line with forecast

DBT Bureau

Pune, 31 March 2025

RelatedPosts

Uniqus Consultech launches AI UniVerse

TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

Huawei released its 2024 Annual Report today. The company reports that its performance was in line with forecast, having generated CNY862.1 billion in revenue and CNY62.6 billion in net profits. In 2024, Huawei invested CNY179.7 billion back into R&D, which accounted for 20.8% of its annual revenue. Altogether, the company’s R&D investment over the past decade amounts to CNY1.249 trillion.

“In 2024, the entire team at Huawei banded together to tackle a wide range of external challenges, while further improving product quality, operations quality, and operational efficiency. Our performance was in line with forecast. We’d like to thank our customers around the world for your ongoing trust. Our thanks also go to our suppliers, partners, and the developer community for working together with us, and to consumers for your affirmation and support. And of course, we want to thank the entire Huawei team for all your hard work, and your families and loved ones for their unwavering support.” said Sabrina Meng, Huawei’s Rotating Chairwoman.

In the connectivity domain, Huawei overcame cyclical downturns in industry investment, maintaining solid business results. With 10 years of preparation in the computing domain, the company was able to seize new opportunities in AI and achieve substantial growth. Huawei devices are now back in the fast lane, with historic breakthroughs in HarmonyOS ecosystem development. In 2024, Huawei continued to optimize its business mix for cloud computing, and its digital power team placed quality before all else. Huawei’s intelligent automotive solutions turned a profit in 2024 for the first time.

Meng stressed, “In 2025, Huawei will continue to apply its ‘Succeed Through Quality’ approach to all management systems and business activities. The company is firmly committed to its quality goals and will keep honing quality as a competitive edge.”

Huawei will also continue to strengthen foundational ecosystems. Huawei actively embraces openness and collaboration, and strives to help others succeed. The company will continue to open up its platform capabilities to ecosystem partners and provide developers with easy-to-use tools and products in domains like HarmonyOS, Kunpeng, Ascend, and cloud computing. In doing so, Huawei aims to advance ecosystem development for a more dynamic industry.

Related Posts

Uniqus Consultech launches AI UniVerse

Uniqus Consultech launches AI UniVerse

by databiztimes.com
5 August 2025
0

DBT Bureau Pune, 5 August 2025 Uniqus Consultech, a tech-enabled global platform that offers consulting solutions in the accounting &...

TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship

TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship

by databiztimes.com
5 August 2025
0

DBT Bureau Pune, 5 August 2025 After 13 years of impactful presence in the region, TiE Bhubaneswar is all set...

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

by databiztimes.com
4 August 2025
0

DBT Bureau Pune, 4 August 2025 Capgemini announced today that William Rozé, CEO of Capgemini Engineering and Group Executive Board...

NUS, Google launch joint AI centre to boost research and talent development

NUS, Google launch joint AI centre to boost research and talent development

by databiztimes.com
4 August 2025
0

Google and NUS plan to establish a joint research and innovation centre that brings together resources and technology to pursue...

Uniqus Consultech launches AI UniVerse
Media Release

Uniqus Consultech launches AI UniVerse

by databiztimes.com
5 August 2025
0

DBT Bureau Pune, 5 August 2025 Uniqus Consultech, a tech-enabled global platform that offers consulting solutions in the accounting &...

Read moreDetails
TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship
Media Release

TiECon 2025 set to spotlight Odisha as a global hub for innovation and entrepreneurship

by databiztimes.com
5 August 2025
0

DBT Bureau Pune, 5 August 2025 After 13 years of impactful presence in the region, TiE Bhubaneswar is all set...

Read moreDetails
C Vijayakumar earns the highest salary among Indian IT CEOs as HCLTech grows fast
Tech

C Vijayakumar earns the highest salary among Indian IT CEOs as HCLTech grows fast

by databiztimes.com
5 August 2025
0

Athira Sethu Kochi , 5 August 2025 HCLTech CEO C Vijayakumar is the second consecutive year's highest-paid chief executive in...

Read moreDetails
The US raises taxes on Indian goods, affecting trade and growth
Economy

The US raises taxes on Indian goods, affecting trade and growth

by databiztimes.com
5 August 2025
0

Athira Sethu Kochi , 5 August 2025 India is experiencing new trade issues with America in 2025. The average tariff...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?