Huawei reports 2025 revenue up 2.2% YoY to ~$127.5B, net profit up 8.7% YoY to ~$9.8B, and R&D spend up 7% YoY to ~$27.8B, as it invests in chip networking tech
The company has been making a steady comeback after U.S. sanctions limited its ability to do business in many parts of the world
A look at the data center cluster in the Chinese city of Wuhu, where 15 companies, including Huawei, have built data centers with a total investment of $37B
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Huawei reports H1 2025 revenue up 3.9% YoY to ~$58.5B, driven by soaring AI compute demand and a rebound in phone sales, and net profit down 32% YoY to ~$5.2B
Bloomberg :
Sources: Shenzhen government-owned chip equipment maker SiCarrier, a key Huawei supplier, is seeking ~$2.8B at an $11B valuation in its first fundraising round
A look at Huawei's smart driving software unit, which became profitable in 2024 after revenue grew over 5x and is powering car systems by BYD, BMW, and others
Bloomberg :
Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B
Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.
Worldwide tablet shipments grew 9.2% YoY in 2024 to 147.6M units, after three consecutive years of decline; Xiaomi grew 73.1% YoY and Huawei grew 29.3% YoY
According to the latest data from Canalys, worldwide tablet shipments grew 5.6% year on year in Q4 2024, reaching 39.9 million units.
A look at Huawei subsidiary Yinwang, which sells hardware and software to carmakers, has a $16B valuation, and more than doubled its revenue to ~$655M in 2023
Group best known for telecoms believes it can build a lucrative business in a changing car industry
Satellite services provider Globalstar says Apple committed $1.1B to expand satellite service capacity and $400M to buy a 20% equity stake; GSAT closes up 31%
Indicate by check mark whether the registrant is an emerging growth company as defined … Mudit Dube / NewsBytes : Apple invests over $1 billion to enhance satellite messaging capabilities CGTN : Apple...
Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield
Bloomberg :