{"id":348631,"date":"2023-08-11T19:43:39","date_gmt":"2023-08-11T14:43:39","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=348631"},"modified":"2023-08-11T19:43:39","modified_gmt":"2023-08-11T14:43:39","slug":"chinas-huawei-announce-2023-h1-business-results","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/chinas-huawei-announce-2023-h1-business-results\/","title":{"rendered":"China\u2019s Huawei announce 2023 H1 business results"},"content":{"rendered":"<p>China\u2019s telecommunication giant Huawei announced its business results for the first half of 2023 in Shenzhen, China on Friday. Overall performance was in line with forecast.<\/p>\n<p>In first half of the year 2023, Huawei generated CNY310.9 billion in revenue, with a year-on-year increase of 3.1% and a net profit margin of 15.0%.<\/p>\n<p>The company\u2019s ICT infrastructure business contributed CNY167.2 billion, its consumer business CNY103.5 billion, its cloud business CNY24.1 billion, its digital power business CNY24.2 billion, and its intelligent automotive solution (IAS) business CNY1 billion.<\/p>\n<p>\u201cI\u2019d like to thank our customers and partners for their ongoing support,\u201d said Sabrina Meng, Huawei\u2019s Rotating Chairwoman.<\/p>\n<p>\u201cI\u2019d also like to thank the entire Huawei team for its solidarity and dedication. Huawei has been investing heavily in foundational technologies to harness trends in digitalization, intelligence, and decarbonization, focusing on creating value for our customers and partners. In the first half of 2023, our ICT infrastructure business remained solid and our consumer business achieved growth. Our digital power and cloud businesses both experienced strong growth, and our new components for intelligent connected vehicles continue to gain competitiveness.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s telecommunication giant Huawei announced its business results for the first half of 2023 in Shenzhen, China on Friday. Overall performance was in line with forecast. In first half of the year 2023, Huawei generated CNY310.9 billion in revenue, with a year-on-year increase of 3.1% and a net profit margin of 15.0%. The company\u2019s ICT [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":348640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-348631","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China\u2019s Huawei announce 2023 H1 business results<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/chinas-huawei-announce-2023-h1-business-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s Huawei announce 2023 H1 business results\" \/>\n<meta property=\"og:description\" content=\"China\u2019s telecommunication giant Huawei announced its business results for the first half of 2023 in Shenzhen, China on Friday. 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