Huawei Stages Incredible Comeback To Top China Smartphone Charts Despite U.S. Sanctions
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Huawei Technologies reported a Q1 profit growth of 19.6 billion yuan ($3.68 billion), a 564% increase from the previous year. Sales also grew by 37%, totaling 178.5 billion yuan. Despite US sanctions, Huawei showed resilience with a 70% increase in smartphone shipments, following the launch of a new 5G phone with a 7-nanometer chip developed in China. Apple's iPhone sales in China fell by 25%. Huawei's Pura 70 smartphone series, featuring an enhanced chip, sold out within two days of release.
#Huawei #China #Smartphone #UsSanctions
https://www.businesstoday.in/tech-today/video/huawei-stages-incredible-comeback-to-top-china-smartphone-charts-despite-us-sanctions-427769-2024-05-01
Business Today /
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2024-05-01 07:07:38
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2024-05-01 07:07:38Event JSON
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"content": "Huawei Stages Incredible Comeback To Top China Smartphone Charts Despite U.S. Sanctions\n==========\n\nHuawei Technologies reported a Q1 profit growth of 19.6 billion yuan ($3.68 billion), a 564% increase from the previous year. Sales also grew by 37%, totaling 178.5 billion yuan. Despite US sanctions, Huawei showed resilience with a 70% increase in smartphone shipments, following the launch of a new 5G phone with a 7-nanometer chip developed in China. Apple's iPhone sales in China fell by 25%. Huawei's Pura 70 smartphone series, featuring an enhanced chip, sold out within two days of release.\n\n#Huawei #China #Smartphone #UsSanctions\n\nhttps://www.businesstoday.in/tech-today/video/huawei-stages-incredible-comeback-to-top-china-smartphone-charts-despite-us-sanctions-427769-2024-05-01",
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