{"id":58133,"date":"2025-02-09T23:59:10","date_gmt":"2025-02-09T23:59:10","guid":{"rendered":"https:\/\/www.threatshub.org\/blog\/huawei-revenue-growing-fast-suggesting-chinas-scoffing-at-sanctions\/"},"modified":"2025-02-09T23:59:10","modified_gmt":"2025-02-09T23:59:10","slug":"huawei-revenue-growing-fast-suggesting-chinas-scoffing-at-sanctions","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/huawei-revenue-growing-fast-suggesting-chinas-scoffing-at-sanctions\/","title":{"rendered":"Huawei revenue growing fast, suggesting China’s scoffing at sanctions"},"content":{"rendered":"

Asia In Brief<\/span> Huawei chair Liang Hua last week told a conference in China that the company expects to meet its revenue targets for 2024, meaning it earned around \u00a5860 billion ($118.25 billion) \u2013 22 percent growth compared to its 2023 result.<\/p>\n

A Chinese outlet called Shenzen Business Daily reported<\/a> Hua\u2019s remarks, quoting the exec as saying Huawei\u2019s information and communication technology business remains robust, while its consumer business is returning to growth, and a new smart car solutions business is \u201cdeveloping rapidly\u201d.<\/p>\n

Hua\u2019s assertions about the state of Huawei\u2019s business suggest the company has grown despite the many sanctions and bans that have seen its telecoms business barred in several countries. The mention of growth for its consumer business is also impressive, given the 2020 sale of its Honor<\/a> smartphone brand and the fact that China\u2019s economy is in the doldrums.<\/p>\n

Japan proposes shift to hack-first cyber-defense stance<\/h3>\n

Japan\u2019s cabinet last week tabled a bill that would allow the nation to move to an \u201cactive\u201d cyber-defense stance that would allow \u201cpre-emptive action\u201d to protect critical infrastructure.<\/p>\n

Chief Cabinet Secretary Hayashi last Friday explained<\/a> the bill is necessary as Japan is attacked every day, and infrastructure is at risk. He said the bill aims to allow Japanese authorities to prevent attacks before they happen.<\/p>\n