Huawei revenue exceeded $118 billion last year, and analysts think the company is showing it’s able to live with U.S. sanctions
The Chinese tech giant's 2024 revenue is a 22% year-on-year increase and marks a return to growth following Washington's restrictions.
Huawei defies US sanctions, reports $118 billion in revenue
Huawei posts $118.1 billion revenue in 2024, up 22% despite US sanctions, expanding in AI, semiconductors, and electric vehicles.
Huawei Chairman Says 2024 Revenue Exceeded $118 Billion
Liang Hua made the remarks at a forum in Guangzhou, according to a report by the Shenzhen Business Daily, which was confirmed by a Huawei spokesperson. Annual revenue of 860 billion yuan would mark 22% year-on-year-growth from 2023,
Huawei manages to pull $118 billion in revenue despite strict U.S. sanctions and restrictions
Huawei's consumer business has bounced back since August 2023, following the launch of new smartphones featuring domestically produced chipsets that bypass U.S. sanctions.
Tech war: Huawei’s 2024 revenue surges 22% despite US sanctions
Last year’s US$118 billion in revenue was the second highest on record for Huawei, and represents 22 per cent year on year growth.
Huawei generated over $118B in revenue in 2024 - report
Huawei Technologies' generated over 860B yuan (about $118.27B) in revenue in 2024, Reuters reported citing the company's Chairman Liang Hua. Liang's was speaking at a forum in Guangzhou, according to Shenzhen Business Daily,
Tech Advisor on MSN3d
DeepSeek AI confirmed to be powered by a Huawei chip
The artificial intelligence world is changing fast, and DeepSeek, a Chinese AI model, has become a major player as China ...
Digi Times1d
Top Chinese cloud platforms rally behind DeepSeek as AI 'black swan' redefines cloud intelligence
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DeepSeek research suggests Huawei's Ascend 910C delivers 60% of Nvidia H100 inference performance
Nvidia's GPUs remain the best solutions for AI training, but Huawei's own processors can be used for inference.
Huawei and Alibaba cloud integrate DeepSeek AI models
Huawei Cloud has partnered with AI startup SiliconFlow to bring DeepSeek’s AI models to its Ascend cloud service. This partnership makes AI more affordable and accessible. The two main models, ...
DeepSeek-R1 AI Model Said to Be Powered by Huawei Chipsets
Huawei announced that the distilled R1 AI model will be available via its ModelArts Studio which uses Ascend GPUs.
Tech war: Huawei cloud unit powers DeepSeek models in China's bid for AI autonomy
The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays ...
Yahoo Finance8d
Huawei chip is the heart that powers DeepSeek AI, claims recent leak
An X post by AI analyst claimed that the new DeepSeek AI is being powered by Huawei’s Ascend 910C chip. Although the model was first trained on Nvidia's H100, the company is now shifting gears ...
Arm, Qualcomm stocks fall as investors wait for AI to drive new demand for smartphones, PCs
Arm and Qualcomm stocks dropped more than 4% Thursday despite their above-forecast quarterly earnings results the day prior — ...
The Citizen7d
Huawei with AI Best Expression opens eyes and makes you smile
Apple, Samsung, Honor, Oppo and Tecno already have smartphones with AI capabilities that try to outdo the competition.
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Huawei Chips Are Driving DeepSeek AI’s Success
A key factor behind this success is its use of Huawei’s Ascend 910C chip. China’s DeepSeek AI Challenges US Rivals with Cost Efficiency DeepSeek’s large-language model (LLM), DeepSeek R1 ...
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Acer Launches Predator Helios Neo 16 AI and 18 AI Gaming Laptops with RTX 50-Series GPUs
The Predator Helios Neo 16 AI is set to launch in April 2025; the 18-inch variant will be available from May 2025.