Huawei Earnings IDR 191.67 Trillion in 2023, Greatest Promoting Telecommunication Units

The Shenzhen-based telecommunications company, Huawei Technologies, posted a net profit increase of more than two-fold in 2023. One of Huawei’s products is 5G devices .

Reporting from the South China Morning Post , Monday (1/4/2024), the surge in the company’s net profit was in line with increasing sales of telecommunications equipment and the return of consumer products. Huawei’s net profit was 87 billion yuan. The figure jumped 144.5% compared to the position in 2022 or worth IDR 191.67 trillion (assuming IDR 2,203.11 per yuan)

Meanwhile in Indonesia, telecommunications issuer PT XL Axiata Tbk. (EXCL) signed a Memorandum of Understanding (MoU) with Huawei. Its to establish strategic cooperation focused on Artificial Intelligence (AI) based digital business.

“Partnership with Huawei will enable XL Axiata to accelerate the digital transformation process and improve services to customers. In the future, EXCL will collaborate more intensively with Huawei to develop AI technology and encourage better company operations.

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