Chinese tech giant Huawei expects surpassing RMB 700 billion ($98.22 billion) in sales profits for 2023, as exposed in an internal New Year message from Huawei’s turning chairman, Ken Hu. This forecast suggests an approximately 9% year-over-year boost compared to the reported RMB 642.3 billion ($90.25 billion) in 2022, with the development mainly credited to a considerable uptick in mobile phone sales. Huawei asserts strong efficiency throughout different organization sectors, consisting of development in ICT facilities, terminals, digital energy, and cloud services. In spite of these efforts, the business acknowledges continuous difficulties positioned by geopolitical concerns, technological sanctions, and trade barriers, according to Ken Hu.[[Huawei, in Chinese]
Huawei forecasts 98 billion dollars in revenue for 2023
