Tech war: Huawei's 2024 revenue surges 22% despite US sanctions

Huawei Technologies, the world's largest telecoms equipment vendor, recorded revenue of more than 860 billion yuan (US$118.3 billion) in 2024, the company's chairman said on Wednesday, in a sign of the tech giant's resilience in the face of US sanctions. Huawei chairman Howard Liang Hua said the company's "overall operations met expectations" in 2024, thanks to growth in its consumer business, which includes smartphones and wearables, as well as "smart car solution operations that developed rapi