Chinese telecoms giant Huawei says profits more than doubled in 2023


(FILES) In this file photo the logo of Chinese company Huawei is seen on the screen of a Huawei mobile phone in London on July 14, 2020. – The US administration on August 17, 2020 expanded its sanctions on China’s Huawei, a move aimed at further limiting the tech giant’s access to computer chips and other technology. A Commerce Department statement added 38 Huawei affiliates around the world to the “entity list,” claiming that the company was using international subsidiaries to circumvent the sanctions which prevent export of US-based technology. (Photo by DANIEL LEAL-OLIVAS / AFP)

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