Huawei H1 Profits Drop 36% Amid R&D Surge

Post Today•Economy•21m ago

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Huawei reported a 36% decrease in net profit for the first half of the year despite a 9.6% increase in revenue.

•Huawei revenue for January-June reached 467 billion yuan, growing by 9.6%.
•Net profit dropped 36% to 23.8 billion yuan, approximately 3.54 billion US dollars.
•Huawei invested 121 billion yuan in R&D to develop its own chips and AI technology.
•Huawei faces upcoming US court dates regarding bank fraud, sanction violations, and trade secret theft.

•Huawei reported revenue of 467 billion yuan and net profit of 23.8 billion yuan for the first half of the year.
•Huawei net profit decreased 36% because Huawei increased R&D spending to 121 billion yuan to develop chips and AI technology to reduce reliance on the US.
•Memory chip price increases impacted profits in the Huawei smartphone business group.
•Huawei production costs rose by 12.4%, which grew faster than revenue.
•Huawei inventory surged by 42% compared to the end of 2025.
•Huawei reported growth across all sectors, including smartphones, AI chips, and telecommunications equipment, compared to the previous year.
•Huawei plans to focus on AI-driven telecommunications equipment, new hardware, intelligent driving technology, and new smartphones and wearables.
•Huawei is scheduled to appear in a US court next week, with a trade secret theft case trial starting in October of next year.

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Huawei representative

"The first half performance was in line with our expectations."

ผลประกอบการช่วงครึ่งปีแรกยังเป็นไปตามที่เราคาดไว้

A technology giant from Shenzhen, China, that develops smartphones, AI chips, and telecommunications equipment.

Huawei Technologiesℹ️

The formal entity of the technology giant based in Shenzhen, China.

T-Mobileℹ️

A company involved in a trade secret theft case against Huawei.

Android

An operating system that Huawei lost access to due to US sanctions.

Shenzhen(เซินเจิ้น)ℹ️

The city in China where Huawei Technologies is located.

China(จีน)ℹ️

The country where Huawei is headquartered.

US(สหรัฐฯ)ℹ️

The country whose technology Huawei seeks to stop relying on and where Huawei faces legal proceedings.