On March 29, Huawei said in its 2023 annual monetary file that the corporate’s total operational efficiency is in order with expectancies. In 2023, Huawei’s international gross sales income reached RMB 704.2 billion ($97.45 billion), representing a year-on-year building up of 9.63%, the most important annual enlargement price since 2019. The web benefit surged to RMB 87 billion ($12.04 billion), up by means of 144.5% year-on-year. Huawei’s R&D (analysis and building) funding for 2023 totaled RMB 164.7 billion ($22.79 billion), with cumulative R&D spending exceeding RMB 1.11 trillion ($150 billion) over the day decade. “We’ve been through a lot over the past few years, but through one challenge after another, we’ve managed to grow,” stated Ken Hu, Huawei’s Rotating Chairman. [Huawei]
