Huawei reports positive H1 2020 financial results

14 July 2020
The Chinese company generated CNY454 billion ($64.8B) in revenue, a 13% increase on a yearly basis.

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Anonymous, 14 Jul 2020Since they are not a publicly registered company, any numbe... moreDon't think so. They still have strong sales, especially in Asia, and I can find every Huawei phone in Europe to. They will be number on for sure.

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    • AnonD-641645
    • vgN
    • 14 Jul 2020

    $64B revenue with 9% net profit. With that kind of cushion, Huawei would do well to make strategic acquisitions, like, oh I don't know, perhaps a controlling stake in ARM holdings (yes, that ARM)? Parent company Softbank is in dire straits and is planning on putting ARMH back on IPO (which they acquired for $32B cash in 2016). Can you imagine the irony if Qualcomm ends up paying licensing fee to Huawei?

      Alex, 14 Jul 2020Well, that's not so hard to do. Just raise your prices... moreThis trend start Apple. Now, they starting trend without charger in the box.

        Trump: Gaddam not again..

          Anonymous, 14 Jul 2020Since they are not a publicly registered company, any numbe... moreThat's absolute rubbish. Their accounts have to be independently audited like other companies.

            Anonymous, 14 Jul 2020Huawei is still going strong let's hope they can make... moreYes but it will take a long time especially due to covid 19

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              • Anonymous
              • M9r
              • 14 Jul 2020

              Since they are not a publicly registered company, any numbers from them could be, and probably are, pure fantasy

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                • Alex
                • 0w7
                • 14 Jul 2020

                Well, that's not so hard to do. Just raise your prices every year by 15-20%, and there you go. Anyone ever wondered why the prices went from $300 for a midranger and $500 for a flagship a couple of years ago, to $500 for a midranger and $1000 for a flagship today, while the technology become cheaper and cheaper?

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                  • Anonymous
                  • 3xW
                  • 14 Jul 2020

                  Who really cares about these numbers ? They are all "fabricated".

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                    • The Jack
                    • YPe
                    • 14 Jul 2020

                    I love Huawei products. Let's hope they come with a better alternative to Android. Else, microg project is there to help us.

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                      • Anonymous
                      • fIP
                      • 14 Jul 2020

                      Huawei is still going strong
                      let's hope they can make rival to chipset and operating system

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