Chinese tech giant Huawei on Friday said its profits more than doubled in 2023, as it ramps up efforts to bounce back a year that saw the company apparently defy US sanctions with the release of a high-end smartphone.
The Shenzhen-based company has been at the centre of an intense standoff between China and the United States — Washington has warned that its equipment could be used for espionage by the Chinese government, an allegation Huawei denies.
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