The Thai government is poised to increase its spending for the fiscal year 2025, signaling a continued expansion of its budgetary policy. In the tech sector, Huawei is making significant strides, with the company forecasting a 9% revenue growth for 2023, attributed largely to a surge in smartphone sales. Huawei may apply its self-developed Kirin chips for the new mid-range Nova 12 series. This growth marks a successful year for Huawei, which has made notable advancements in chip technology, potentially challenging industry leaders like Apple and navigating around US sanctions. The company's internal communication to its approximately 190,000 staff highlighted a sales increase close to $100 billion, a commitment to invest in strategic technologies such as artificial intelligence (AI), the development of high-quality consumer devices, and the importance of being vigilant about inventory risks.
#Huawei released an annual letter to its ~190,000 staff today to wrap up a quite remarkable yr for them. Key takeaways: *2023 sales up 9%, nears $100b *Keep investing in strategic tech such as #AI *Need develop more top-notch consumer devices *Be aware of inventory risks
Huawei's revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple and US sanctions with a surprise breakthrough in chip technology https://t.co/ig56hAczQ0
Huawei forecasts 9% revenue growth in 2023 as smartphones surge https://t.co/0EBBlpG0V3 https://t.co/6EPvqIPnat
⚠️ HUAWEI FORECASTS 9% REVENUE GROWTH IN 2023 AS SMARTPHONES SURGE Full Story → https://t.co/KuWUOYmCGH https://t.co/iXCzGJKhTD
⚠️ THAI GOVT SET TO FURTHER INCREASE SPENDING IN 2025 FISCAL YEAR Full Story → https://t.co/1LuWzqSzbx
Huawei may apply self-developed Kirin chips for its new mid-range Nova 12 series https://t.co/MLzWwnIVAB