China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024

China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies
Read more at ABC News
Save Story

Topics in this Story

Related Stories

Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

CNBC · 4d

Hang Seng tech index slides into correction territory after strong rally as tariff worries sour mood

CNBC · 4d
Xiaomi Driverless Technology in Focus After Fatal Electric Car Crash

Xiaomi Driverless Technology in Focus After Fatal Electric Car Crash

The New York Times · 2d

China’s WeRide warns driverless tech profitability ‘difficult to predict’

Financial Times · 4d
Trump says China 'panicked' with tariff response

Trump says China 'panicked' with tariff response

The Hill · 8h

Tech megacaps lose $1.8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years

CNBC · 1h

Fourth-quarter surge lifts Magic past Spurs

Yahoo Sports · 2d

Women's team sale pads £128.4m Chelsea profit

ESPN · 3d

Trump considering announcing "External Revenue Service," sources say

CBS News · 2d
China launches surprise military drills around Taiwan

China launches surprise military drills around Taiwan

The Guardian · 3d
Search under way for girl, 11, who fell into Thames in east London

Search under way for girl, 11, who fell into Thames in east London

The Guardian · 4d

Los Angeles turned a profit on its last Olympics, and city near 'fiscal emergency' has no margin for budget miss in 2028

CNBC · 4d
Decathlon sees 5.2% revenue growth in 2024

Decathlon sees 5.2% revenue growth in 2024

Yahoo News · 3d
Chelsea report £128m profit after selling women's team

Chelsea report £128m profit after selling women's team

BBC News · 4d

China says 3 Filipinos detained on spying suspicions

ABC News · 1d

PL to debut semi-automated technology this season

ESPN · 2d

Here's where Apple makes its products — and how Trump's tariffs could have an impact

CNBC · 1d

Zambia's US-based soccer stars warned off China tournament due to travel limits

Yahoo Sports · 1d

Know My Name, Giant Panda

CBS News · 1d

OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end

CNBC · 4d

As demand for 'torpedo' bats surges, North Jersey baseball equipment shops are ready

Yahoo Sports · 1d

NFL implementing Sony's Hawk-Eye technology to measure line to gain in 2025

Yahoo Sports · 3d

3/28: America Decides

CBS News · 2d
Why Is Newsmax’s Stock Surging? What to Know About the Right-Wing News Channel.

Why Is Newsmax’s Stock Surging? What to Know About the Right-Wing News Channel.

The New York Times · 1d
Women Created Half of New Businesses Registered in 2024, a Milestone

Women Created Half of New Businesses Registered in 2024, a Milestone

Inc. · 1d

Hunter an option for Giants at No. 3, Daboll says

ESPN · 3d

Changes at Social Security Administration may impact customer service, benefit payments, experts say

CNBC · 3d

3/28: CBS Evening News

CBS News · 3d

China says 3 Chinese crew members suspected of being kidnapped from a boat off Ghana are safe

ABC News · 4d

3 Takeaways From Apr. 2 Action In The ECHL

Yahoo Sports · 1d

Giants won't force QB selection at No. 3, GM says

ESPN · 4d

Air freight costs surge as Trump tariffs trigger rush to fly in goods

Financial Times · 18h

Jokes abound as Dodgers' Freddie Freeman misses 2nd game while recovering from shower slip and fall

Yahoo Sports · 2d

Alan Turing Institute plans revamp in face of criticism and technological change

Financial Times · 3d

New York Giants' Evan Neal 'open' to playing guard in 2025

Yahoo Sports · 3d

Samsung turns to China to prop up ailing chip business

Financial Times · 1d
Hegseth Pledges to Step Up Military Cooperation With Japan and Deter China

Hegseth Pledges to Step Up Military Cooperation With Japan and Deter China

The New York Times · 5d

China launches large-scale war games all around Taiwan

CBS News · 2d

More from ABC News

Four space tourists return to Earth after a private flight over the poles

Four space tourists return to Earth after a private flight over the poles

ABC News · 4h
Bill Gates reflects upon a 50-year-old computer code that reshaped technology

Bill Gates reflects upon a 50-year-old computer code that reshaped technology

ABC News · 1d
NASA's Webb telescope captures photos of the asteroid that won't hit Earth in 2032

NASA's Webb telescope captures photos of the asteroid that won't hit Earth in 2032

ABC News · 2d
Bye-bye, Helene, Milton and Beryl. Names from those nasty hurricanes are now retired

Bye-bye, Helene, Milton and Beryl. Names from those nasty hurricanes are now retired

ABC News · 2d
A mass grave for fighters in a Roman Empire-era battle is revealed in Vienna

A mass grave for fighters in a Roman Empire-era battle is revealed in Vienna

ABC News · 1d

More in Tech

Inside DOGE’s AI Push at the Department of Veterans Affairs

Inside DOGE’s AI Push at the Department of Veterans Affairs

Wired · 2h
Why Trump’s Tariffs Are Rattling Even Meta

Why Trump’s Tariffs Are Rattling Even Meta

The New York Times · 2h
Midjourney v7 launches with voice prompting and faster draft mode — why is it getting mixed reviews?

Midjourney v7 launches with voice prompting and faster draft mode — why is it getting mixed reviews?

VentureBeat · 3h
SpaceX Took a Big Step Toward Reusing Starship’s Super Heavy Booster

SpaceX Took a Big Step Toward Reusing Starship’s Super Heavy Booster

Wired · 3h
Nintendo delays Switch 2 preorders in the U.S. over tariff impacts

Nintendo delays Switch 2 preorders in the U.S. over tariff impacts

VentureBeat · 4h