Huawei Technologies Co said on Friday that its revenue in the first three quarters of 2023 went up 2.4 percent from a year earlier, on the back of the growth in its digital power and cloud businesses, as well as the growing competitiveness of its vehicle components unit.

Huawei posted revenues of 456.6 billion yuan ($62.4 billion) from January to September.

For the third quarter, revenue rose 1.5 percent to 145.7 billion yuan, according to calculations.

Huawei's rotating Chairman Hu Houkun said in a press release that the growth was "in line with forecast".