Huawei sees first-half profit drop 52 percent

By
Follow google news

ICT infrastructure business still growing.

Huawei sees first-half profit drop 52 percent
Huawei Technologies saw its first-half net profit more than halve as a difficult economy curtailed demand from customers, compounding woes brought by US technology restrictions. Revenue dropped 5.9 percent year-on-year during the period to 301.6 billion yuan ($62.88 billion), with a sharper ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ATO, AFP, AER and Veterans' Affairs get IT modernisation funds

ATO, AFP, AER and Veterans' Affairs get IT modernisation funds

How China built its ‘Manhattan Project’ to rival the West in AI chips

How China built its ‘Manhattan Project’ to rival the West in AI chips

Google aims to make its TPUs better at running PyTorch

Google aims to make its TPUs better at running PyTorch

Australian teen leaks pictures of new iPhone parts

Australian teen leaks pictures of new iPhone parts

Log In

  |  Forgot your password?