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Apple's loss is a gain for Huawei. iPhone sales in China collapsed by 19%, while the local brand recorded growth of 70%

Apple faces increasingly strong competition in China, particularly from the domestic smartphone manufacturer Huawei. According to Counterpoint data, iPhone sales fell by more than 19% in the first quarter of 2024, while Huawei smartphone sales during...

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Huawei generated $97.48 billion in revenue and $12.05 billion in profit - business recovers from 2019 U.S. sanctions

In 2023, Huawei Technologies demonstrated the fastest revenue growth in the past 4 years. This was achieved thanks to the recovery of the consumer segment and income from new activities, such as components for smart cars. All this accelerated its rec...

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