Huawei recently released the results for their finances in H1 2025 to Shanghai Clearing House, with the document revealing both a sharp decline in profit and continued revenue gains.
Net profit in the January to June period dropped 24.7 per cent year-on-year to CNY37.2 billion ($5.2 billion), with total revenue increasing 4 per cent to CNY427.1 billion. Spending on R&D rose 9.1 per cent to nearly CNY97 billion.
The filing provided no explanation for the profit drop, nor detail on which sectors drove the revenue gains.
Despite continued trade sanctions, Huawei maintained its global position in telecoms equipment, ranked number two behind Ericsson in the RAN market outside of China, Omdia reported.
The company also returned to the top position in China’s smartphone market in Q2 after more than four years, data from IDC showed.
Huawei was recently hit by new measures in Europe, with Telefonica reportedly confirming plans to phase out its equipment from 5G networks in Spain and Germany to meet domestic regulatory guidelines.
Over the past few years, the company has shifted its attention to the smart automotive sector, while continuing to adapt its core telecoms business and focus on the domestic enterprise segment.
Source: Mobile World Live
Image Credit: Huawei