Question: Despite facing severe U . S . sanctions, Huawei reported a 2 2 . 4 % revenue increase in 2 0 2 4 , reaching

Despite facing severe U.S. sanctions, Huawei reported a 22.4% revenue increase in 2024, reaching CNY
862.1 billion, but its net profit decreased by 28% to CNY 62.6 billion. Analyze the financial strategies Huawei employed to achieve revenue growth while simultaneously experiencing a profit decline. What does this tell you about their strategic priorities and resource allocation during challenging periods?

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