Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.
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Huawei reported revenues of 862.1 billion yuan (US$118.2 billion) for 2024, a 22.4% increase from the previous year.
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Research firm Counterpoint is forecasting single-digit negative numbers for foldable smartphone shipments, through 2025, before positive movement next year.
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