Huawei forecasts 9% revenue growth in 2023 as smartphones surge

Chinese tech giant Huawei Technologies expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023, according to comments from rotating chairman Ken Hu in an internal new year message seen by Reuters.

The figure indicates around 9% year-over-year revenue growth from the 642.3 billion yuan reported in 2022.

The forecast offers further evidence that Huawei is rebounding after…

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News Source: tribune.com.pk