In its 2023 annual report, Huawei said performance was in line with forecast, generating CNY704.2bn ($99.45bn) in revenue and CNY87bn ($12.29bn) in net profits.
Huawei emphasized the importance of R&D by investing CNY164.7bn in 2023, representing 23.4% of its annual revenue.
Huawei committed to advancing technology through open innovation, focusing on quality as a core competitive strength.
Huawei engaged with 9.5 million developers and 46,000 ecosystem partners to drive innovation and growth.
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