ChipsTechmemeabout 2 hours ago
Huawei H1 revenue up 10%, profit down 36%
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Huawei Technologies Co. reported H1 revenue up 10% year-over-year to about $69.57 billion, with net income down 36% to $3.54 billion. The company is now China's top smartphone brand with over 20% market share, despite rising memory costs and increased semiconductor research spending.
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