💥Tech Giant’s Comeback Story: From Survival to Innovation Leadership
Huawei’s 2024 Annual Report is out, and it’s packed with wins despite a bumpy global tech landscape. The Shenzhen-based company raked in 862.1B yuan ($118.67B) in revenue and doubled down on R&D like never before—179.7B yuan ($24.77B), or a fifth of its annual income! 💸📈
🚀 AI, HarmonyOS, and EVs: The Triple Threat Driving Growth
While its core connectivity biz stayed strong, Huawei crushed it in AI-powered cloud computing and saw its HarmonyOS-powered devices bounce back big. Pro tip: Their auto tech division turned a profit for the first time—watch out, Tesla! 🚗✨
🔬 Patents, Partnerships, and Open Ecosystems
With 150K+ active patents, Huawei’s betting on open collaboration. ‘We’re giving devs top-tier tools to innovate on HarmonyOS and AI platforms,’ the report says. Think indie app coders + corporate giants teaming up. 🤝💻
👩💼 Meng Wanzhou’s Take: ‘On Track and Thriving’
Meng, Huawei’s rotating chairperson (and founder’s daughter), called 2024 a ‘team effort.’ After years in ‘survival mode’ due to U.S. tech bans, she confirmed: ‘We’re back in the fast lane.’ 🛣️💨
P.S. KPMG-audited results showed ‘resilient growth’—so yes, those EV and cloud numbers are legit. 🌥️🔍
Reference(s):
Huawei reports solid 2024 performance, driven by R&D investment
cgtn.com