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International Business Times
International Business Times
Business
Sebastien RICCI

China's Huawei Says Expects Revenue Up Almost Nine Percent In 2023

Huawei has been at the centre of an intense standoff between China and the United States (Credit: AFP)

Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.

The Shenzhen-based giant has been at the centre of an intense standoff between China and the United States, with Washington warning its equipment could be used for state espionage, an allegation the company denies.

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