Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company attributed the profits to revenue growth of 9.6% to 704.2 billion yuan ($99.18 billion) in late August despite U.S. restrictions on Huawei’s ability to access high-end tech from American suppliers. Huawei finished fourth place in the Chinese smartphone market by market share, ahead of Xiaomi, according to data from Canalys.