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Huawei launched the Mate 70 series at an event in Shenzhen on November 26, 2024. Telephones are the first capable of running the new Huawei operating system called Harmonyos Next.
Huawei
Beijing – Chinese telecommunications and the Giant of Huawei smartphones continue to grow and take market share of AppleAlthough we restrict the company’s access to high -end technology.
Huawei’s revenues exceeded 860 billion yuan ($ 118.27 billion) in 2024, President Howard Liang said Wednesday, according to local state media. Huawei did not comment when CNBC contacted.
That is a 22% jump in income since 2023, and the fastest growth from a 32% increase in 2016, according to CNBC calculations of publicly published figures. Huawei typically publishes your annual reports in March.
Liang, speaking at a local government conference, described the Huawei consumer business as “returning to growth” and car solutions such as “rapid development”, according to a CNBC translation of the Chinese language report. He said that the Huawei ICT business, which has been the largest segment for income, “remained stable.”
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 barely grew in 2020, and submerged in almost 29% in 2021. Their consumption segment was hard, and even when revenues increased by 17% after year to 251.5 billion yuan in 2023, it was more of half of what the unit generated the unit in its Pico in 2020.
Huawei smartphone shipments in continental China increased 37% last year, rising from the fourth to second place by market share, while Apple fell to third place with a 17% drop, According to Canals Data. Live, known for its economic devices, classified first by market share in 2024, according to data.
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 first fully self -developed operating system of the company, Harmonyos below.
