Huawei defies US sanctions, reports $118 billion in revenue
Huawei has not just survived US trade restrictions but emerged stronger, defying expectations with a robust financial comeback. The Chinese technology giant reported a revenue of 860 billion yuan ($118.
Huawei revenue exceeded $118 billion last year, and analysts think the company is showing it’s able to live with U.S. sanctions
The Chinese tech giant's 2024 revenue is a 22% year-on-year increase and marks a return to growth following Washington's restrictions.
Huawei chairman says 2024 revenue exceeded $118 bln
Huawei's chairman said on Wednesday that the tech company's annual revenue exceeded 860 billion yuan ($118.27 billion) last year, as it continued to shake off the impact of U.S. sanctions and its consumer business returned to growth.
Huawei manages to pull $118 billion in revenue despite strict U.S. sanctions and restrictions
Huawei's consumer business has bounced back since August 2023, following the launch of new smartphones featuring domestically produced chipsets that bypass U.S. sanctions.
Tech war: Huawei’s 2024 revenue surges 22% despite US sanctions
Last year’s US$118 billion in revenue was the second highest on record for Huawei, and represents 22 per cent year on year growth.
Huawei generated over $118B in revenue in 2024 - report
Huawei Technologies' generated over 860B yuan (about $118.27B) in revenue in 2024, Reuters reported citing the company's Chairman Liang Hua. Liang's was speaking at a forum in Guangzhou, according to Shenzhen Business Daily,
Tech war: Huawei cloud unit powers DeepSeek models in China's bid for AI autonomy
The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays ...
Digi Times1d
Top Chinese cloud platforms rally behind DeepSeek as AI 'black swan' redefines cloud intelligence
Amid rising US restrictions on China's tech sector, leading Chinese cloud computing and AI companies are forging alliances ...
House lawmakers push to ban AI app DeepSeek from US government devices
Lawmakers in the House are proposing to ban the Chinese artificial intelligence app DeepSeek from U.S. government devices.
DeepSeek research suggests Huawei's Ascend 910C delivers 60% of Nvidia H100 inference performance
Nvidia's GPUs remain the best solutions for AI training, but Huawei's own processors can be used for inference.
Yahoo Finance8d
Huawei chip is the heart that powers DeepSeek AI, claims recent leak
An X post by AI analyst claimed that the new DeepSeek AI is being powered by Huawei’s Ascend 910C chip. Although the model was first trained on Nvidia's H100, the company is now shifting gears ...
The Citizen7d
Huawei with AI Best Expression opens eyes and makes you smile
Apple, Samsung, Honor, Oppo and Tecno already have smartphones with AI capabilities that try to outdo the competition.
DeepSeek-R1 AI Model Said to Be Powered by Huawei Chipsets
Huawei announced that the distilled R1 AI model will be available via its ModelArts Studio which uses Ascend GPUs.
Huawei and Alibaba cloud integrate DeepSeek AI models
Huawei Cloud has partnered with AI startup SiliconFlow to bring DeepSeek’s AI models to its Ascend cloud service. This partnership makes AI more affordable and accessible. The two main models, ...
New TikTok Ban—America’s AI Warning Changes Everything
There is something poetically ironic about the news this weekend, that DeepSeek and Huawei have teamed up as China’s newest ...
Nvidia out? DeepSeek pairs with banned Chinese tech giant to deliver unbelievably low pricing on AI inference which could cause Nvidia's house of cards to come crashing
DeepSeek’s V3 and R1 models are available through Huawei’s Ascend cloud service They are powered by the Ascend 910x accelerators banned in the US, EU and UK The pricing is much lower than offered by ...