Chinese technology company Huawei is recovering strongly from the earlier impact of US sanctions, with sales up 9.6% and net profit 144% in 2023, company figures released on March 29 show. Year-on-year sales growth rocketed 26% in the fourth quarter, led by strong demand for the company’s Mate 60 Series smartphones, with the Mate 60 Pro showing strong uptake. Introduced at the end of August, the Mate 60 Pro defied US tech restrictions with its 5G capability and Kirin 9000S processor designed by Huawei subsidiary HiSilicon.
“but but but it was never the plan, we’re just going to change goal posts now to seem like a little pissed off baby. In the end we won.”