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BEIJING – USA Nvidia He has marked a greater Huawei competition, despite US restrictions to the Chinese telecommunications company.
In an annual presentation on Wednesday, Nvidia listed Huawei among his current competitorsincluding it in the list for a second consecutive year. The company, in the blacklist for the United States for reasons of national security, did not appear among the competitors of Nvidia for at least three previous years.
Nvidia listed Huawei among its competitors in four of five categories, including chips, cloud services, computer processing and network products.
“There is a good amount of competition in China,” said the CEO of Nvidia, Jensen Huang, to Jon Fortt of CNBC on Wednesday.
“Huawei, other companies, are … quite vigorous and very, very competitive,” said Huang.
Since 2019, the United States has restricted Huawei’s ability to access the technology of US suppliers, from advanced 5G chips to Google Android Operating System.
Huawei’s revenues exceeded 860 billion yuan ($ 118.27 billion) in 2024, state media reported, they reported, A 22% jump in the income of 2023and faster growth from a 32% increase in 2016, according to CNBC calculations of publicly published figures. Huawei typically publishes your annual reports in March.
The company’s income barely grew in 2020, and submerged in almost 29% in 2021. Their consumption segment was affected hard, and even when the income increased by 17% in the year to 251.5 billion yuan in 2023, it was just over half of what the unit generated in its unit in its Pico in 2020.
The telecommunications company began returning in the smartphone market in 2023 With the launch of his Mate 60 Pro in China. The reviews indicated that the device offers discharge speeds associated with 5G, thanks to an advanced semiconductor chip.
Just over a year later, Huawei launched the Mate 70 smartphone series That uses the company’s first fully self -developed operating system, Harmonyos below.