Huawei: Why the company recorded an earnings surge

Huawei saw a huge jump in sales and profits in the first half of the year. The technology company is hunting for market share, especially from Apple's iPhone. According to analysts, mobile phone sales increased by over 50 percent.

29. August 2024
epa09857046 A view of the Huawei logo inside a store in Beijing, China, 29 March 2022. China's Huawei recorded profit despite losing sales in 2021 as Huawei's Chief Financial Officer Meng Wanzhou made her first public appearance after being released by Canadian authorities six months ago.  EPA-EFE/MARK R. CRISTINO

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Last updated: 24. July 2025