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"Huawei's Profits Soar, Outpacing Apple and Alibaba in 2023"

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Source: Bloomberg
"Huawei's Profits Soar, Outpacing Apple and Alibaba in 2023"
Photo: Bloomberg
TL;DR

Huawei's quarterly profit surged to about 13.9 billion yuan, marking a more than 65% increase from the previous year, as the company continues to gain ground in the consumer business against Apple and in the cloud division against Alibaba.

Topics:businessbusinesstech#alibaba#apple#businesstech#consumer-business#huawei#profit-surge
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  1. Huawei Profit Surges as It Takes Share From Apple and Alibaba  Bloomberg
  2. Huawei's profit doubled in 2023 as smartphone, autos business picked up  CNBC
  3. China's Huawei continues rebound with strongest earnings growth since 2019  Reuters
  4. Huawei’s profit more than doubles in 2023, cloud and digital businesses grow  MarketWatch
  5. Huawei Stages Comeback With Annual Net Profit More Than Doubling  The Wall Street Journal

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