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Chinese tech giant Huawei says profits more than doubled in 2023
Chinese tech giant Huawei says profits more than doubled in 2023
by  AFP

Chinese tech giant Huawei on Friday said its profits more than doubled in 2023, as it ramps up efforts to bounce back a year that saw the company apparently defy US sanctions with the release of a high-end smartphone. The rise in profits follows a year in which the firm raised eyebrows in Washington with the release of its Mate 60 Pro smartphone.

'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML
'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML
by  AFP

The Dutch government on Thursday unveiled a plan worth 2.5 billion euros to retain global firms like chip giant ASML amid fears of a far-right clampdown on immigration. "If investment plans change, these forecasts and the required commitment will be adjusted," warned the Dutch government.

China's competitive car market at heart of global EV revolution
China's competitive car market at heart of global EV revolution
by  AFP

China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on Thursday. And Xiaomi, the world's third-biggest smartphone maker, entered the fray on Thursday.