Chinese tech giant Huaweiannounced its financial report for 2022. The company, which earned more profits compared to the previous year, stated that it grew despite the restrictions of the USA. Huawei CEO Eric Xu said this increase in earnings was “a sign of a comeback”.
Huawei revenue exceeds $91 billion in 2022
Huawei, which was blacklisted in the USA in 2019 and could not supply products from American companies, thinks it had a successful year. The Chinese manufacturer expects its 2022 revenue to be 636.9 billion yuan ($91.53 billion) announced that it will be completed at the level. This figure represents a 0.02 percent increase over the previous year.
Although the increase in Huawei’s earnings is quite small, it is the first time that the company has not suffered losses due to US restrictions and has started positive growth. Huawei CEO Eric Xu stated that the company is “returning to business as usual” despite the restrictions.
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The US government views Huawei as a national security threat due to its ties to the Chinese Communist Party and rumors of spying equipment hidden in its network hardware. As a result of US bans, Huawei Kirin had difficulty producing the chip. Qualcomm Snapdragon It can only use 4G versions of even its chips.
Two flagships of the company this year (Mate 50 and P50) series, it should be reminded that it announced. The two models, which were very successful during the year, have an important role in Huawei’s earnings. The Mate 60 and P60 are expected to be announced in March 2023.
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