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Huawei said it was "out of crisis mode" as it posted a small increase in annual revenue, adding it was making headway with replacing components affected by sanctions.
Huawei confirmed that it and other domestic firms jointly created chip design tools required to make semiconductors sized at 14 nanometers and above.
Huawei has sought to diversify into new areas including cloud computing and automotive after a rough few years in which U.S. sanctions have hit the company.
The tech giant said its annual revenue for 2022 reached 642.3 billion yuan (£75.55 billion), a 0.9 gain from the year before.
Huawei confirmed that it and other domestic firms jointly created chip design tools required to make semiconductors sized at 14 nanometers and above.