Source: Reuters News Agency
4 weeks ago•
General Medium Importance
Huawei H1 profit drop quickens to 36% on rising costs, R&D spending

Huawei H1 profit drop quickens to 36% on rising costs, R&D spending

China's Huawei Technologies reported a 36% plunge in first-half net profit on Monday as soaring input costs and ​heavier spending on research and development outweighed revenue growth.
Source: Reuters
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