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The Guardian - UK

Technology

Rob Davies

Huawei shrugs off US sanctions with fastest growth in four years

Huawei United States Donald Trump

A customer outside a Huawei store in Beijing. — A customer outside a Huawei store in Beijing. Photograph: Andy Wong/AP

Chinese telecoms firm Huawei grew faster in 2023 than it has for four years, as it shrugged off the impact of US sanctions.

Revenues rose by nearly 10% to 704.2bn yuan (£77bn) as the Shenzhen-based company enjoyed a rebound within its consumer segment, which includes smartphone handsets.

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