Chinese tech giant, Huawei says profits fell 28% in 2024

Chinese telecoms giant Huawei said on Monday that 2024 profits fell 28 percent as the smartphone maker faced international economic uncertainty and weak domestic consumption. The company recorded 62.6 billion yuan ($8.6 billion) in net profit last year, down from 87 billion yuan in 2023, the company said. Revenue rose 22 percent on-year- marking a Read More

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