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Huawei reports Q1 revenue up 37% YoY to $24.7B and net profit up 564% YoY to $2.7B, rising for the fourth consecutive quarter, buoyed by smartphone


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2024-04-30 10:57:06
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Bloomberg:

Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales  —  - Its smartphone shipments grew 70% in the first quarter  — The Shenzhen company is also offering AI chips to rival Nvidia




Bloomberg:

Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales  —  - Its smartphone shipments grew 70% in the first quarter  — The Shenzhen company is also offering AI chips to rival Nvidia



Source: TechMeme
Source Link: http://www.techmeme.com/240430/p11#a240430p11


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