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Huawei Thrives in 2024: Billions Invested in R&D Drive Global Success 🌐💡

Huawei Thrives in 2024: Billions Invested in R&D Drive Global Success 🌐💡

💥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. 🌥️🔍

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