Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield (Bloomberg)

3 weeks ago 2

Bloomberg:
Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield — - The firm's phone shipments grew 42% in the past quarter — China has asked local firms to use AI chips from Huawei

Read Entire Article