Huawei forecasts growth in digital energy and smart car solutions

Chinese telecoms giant Huawei is targeting growth in 2024 for its newer business areas including digital energy and smart vehicle solutions, according to rotating chairman Hu Houkun. 

In an end-of-year memo, Hu said the company expects to surpass 700 billion yuan ($103 billion) in sales for 2023. While its core ICT infrastructure business "will remain robust," greater momentum is building behind the firm’s digital energy and smart vehicle solutions.

"The...