Browsing: Technology

In a remarkable display of resilience, Chinese tech giant Huawei has defied US sanctions and continued its upward trajectory. The company recently announced its H1 2024 business results, showcasing a significant year-on-year revenue growth of 34.3% to CNY417.5 billion.

Recent reports by Reuters suggest that HONOR may be receiving “unusually high levels of government support” ahead of its Initial Public Offering ( IPO ).Shenzhen government documents have revealed that the company has been granted significant R&D funding, tax breaks,and support for overseas expansion.