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02 Apr
07:47

Huawei reports income boost in intelligent vehicle business

Chinese technology giant Huawei reported its intelligent vehicle business had significant income improvement last year, as it entered a mass delivery stage, Kallanish reports.  According to Huawei’s annual report, the intelligent vehicle business reached CNY 4.77 billion ($659 million) in revenue in 2023, an increase of 128% year-on-year. Though the company did not disclose a separate net profit/loss figure for the unit in the report, director Chengdo…
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