Huawei reports revenue surge yet posts surprising quarterly net loss

March 31, 2025, 4:20 am

In its latest quarterly update, Huawei showcased a robust revenue increase driven by a resurgent smartphone market even as rising expenditures on innovation and sanctions spurred its first net loss in years. The results reflect pressures from US restrictions that are reshaping its financial dynamics. These contrasting outcomes underscore the strategic dilemma of balancing rapid market recovery with escalating international trade challenges.

techinasia.com / Huawei reports first quarterly loss in years

The company reported a net loss of 300 million yuan (around US$41.3 million) for the December quarter.

apnews.com / China’s telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024

Huawei's net profit fell 28% to 62.6bn yuan in 2024 despite revenue rising 22% to $118.2bn, due to heavy R&D investments (over 20% of revenue and 113k staff). Growth was driven by consumer, auto, cloud, and digital power sales amid ongoing trade tensions.

wsj.com / Huawei Posts Profit Drop But Revenue Signals Solid Comeback

The Chinese technology giant’s net profit fell in 2024 as higher expenses weighed, but solid revenue growth signals that the company is making a comeback after years of heavy U.S. sanctions that have affected its businesses.

cnbc.com / Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors.

bloomberg.com / Huawei Posts Surprise Loss After US Sanctions Spur Tech Research

Huawei posted its first quarterly net loss in years. Its revenue rose 9.5% to roughly 276 billion yuan ($38.1 billion) in the December quarter, driven by strong Mate device sales, even as the company’s aggressive spending on EVs, chips, and research contributed to an overall business slowdown.

5 stories from 5 sources in 13 days ago ... #mobile-tech #semiconductors #china #chips #networking #apple #tech-policy #cloud-computing #hardware #innovation

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Huawei reports revenue surge yet posts surprising quarterly net loss

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