-
Advertisement
Huawei
TechBig Tech

Huawei’s 2025 revenues surge to US$127 billion as firm continues to defy US sanctions

Last year’s revenue was the second highest on record for the Shenzhen-based company, with its highest ever being 891 billion yuan in 2020

Reading Time:2 minutes
Why you can trust SCMP
19
The Huawei logo is seen at the Mobile World Congress in Barcelona, Spain, March 4, 2025. Photo: dpa
Coco Fengin GuangdongandHe Huifengin Guangdong

Huawei Technologies recorded revenue of more than 880 billion yuan (US$127 billion) in 2025, a company executive disclosed on Tuesday, signaling the tech giant’s resilience despite US sanctions.

Huawei chairman Howard Liang Hua said that the company maintained steady operations to provide globally competitive products and services. He spoke at the 2026 Guangdong High-quality Development Conference, a provincial government event.

Last year’s revenue figure was the second highest on record for Shenzhen-based Huawei. Its highest ever was 891 billion yuan in 2020, which followed the first imposition of US sanctions on its lucrative mobile phone and international operations.

Advertisement

In 2024, the company’s revenue was over 860 billion yuan.

The firm has shown resilience over the past year. In the smartphone sector, for example, it reclaimed the No 1 spot in the mainland Chinese market with a 16.4 per cent share, narrowly beating Apple’s 16.2 per cent, according to data from research firm IDC.

Huawei reclaimed the No 1 spot in the mainland Chinese smartphone market last year with a 16.4 per cent share, narrowly beating Apple’s 16.2 per cent, according to IDC. Photo: Shutterstock
Huawei reclaimed the No 1 spot in the mainland Chinese smartphone market last year with a 16.4 per cent share, narrowly beating Apple’s 16.2 per cent, according to IDC. Photo: Shutterstock

It was the first time Huawei had secured a full-year lead in the mainland’s smartphone market since 2020, when US sanctions restricted its access to advanced chips and the Android operating system.

Advertisement
Select Voice
Select Speed
1.00x