Question: Despite facing severe U . S . sanctions, Huawei reported a 2 2 . 4 % revenue increase in 2 0 2 4 , reaching
Despite facing severe US sanctions, Huawei reported a revenue increase in reaching CNY
billion, but its net profit decreased by to CNY 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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