Thursday, August 29, 2024

Huawei reports Q2 revenue up 33.7% YoY to ~$33.6B, rising for the sixth straight quarter, and net profit down 18.6% YoY to ~$5B, ahead of the Mate 70's launch (Bloomberg)

Bloomberg:
Huawei reports Q2 revenue up 33.7% YoY to ~$33.6B, rising for the sixth straight quarter, and net profit down 18.6% YoY to ~$5B, ahead of the Mate 70's launch  —  - IPhone has fallen from China's top five in smartphone ranking  — Shenzhen-based company also chasing EV software demand



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