Chinese tech giant Huawei expects 2022 revenue at 636.9 bln yuan

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Chinese tech giant Huawei expects 2022 revenue at 636.9 bln yuan

STORY: Chinese tech giant Huawei expects 2022 revenue at 636.9 bln yuan DATELINE: Dec. 31, 2022 LENGTH: 0:02:08 LOCATION: SHENZHEN, China CATEGORY: TECHNOLOGY SHOTLIST: 1. various of Eric Xu 2. various of Huawei STORYLINE: Chinese tech giant Huawei expects its revenue for 2022 to reach 636.9 billion yuan (about 91.59 billion U.S. dollars), according to the company's rotating chairman Eric Xu. The performance was in line with the forecast, Xu said in the company's annual New Year's message Friday. Over the past year, Huawei's ICT infrastructure business maintained steady growth, and the decline in device business has abated. It achieved rapid growth in digital power and Huawei Cloud, and took the competitiveness and user experience of intelligent automotive components to new heights, Xu said. "In 2022, we successfully pulled ourselves out of crisis mode. The U.S. restrictions are now our new normal, and we're back to business as usual," Xu said. In 2021, Huawei brought in revenue of 636.8 billion yuan,

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