Politics · Malaysia Bureau
Huawei's first-half profit plummets 36% amid market pressures
The Chinese technology giant reported net profit of 23.8 billion yuan in the first six months of the year, a significant decline from 37.2 billion yuan in the same period last year. The drop underscores ongoing challenges facing the company in key markets.
LSN Malaysia ·
Huawei Technologies reported a 36% decline in net profit for the first half of the year, with earnings falling to 23.8 billion yuan (US$3.54 billion) compared to 37.2 billion yuan during the corresponding period in 2025.
The substantial profit contraction reflects mounting headwinds for the Shenzhen-based telecommunications and technology conglomerate, which continues to navigate complex international trade dynamics and market competition in critical sectors including smartphones, cloud services, and network infrastructure.
The company's financial performance comes as Huawei works to consolidate its position in domestic and regional markets following years of restrictions and sanctions imposed by Western nations. The results highlight the sustained impact of geopolitical tensions on the firm's ability to maintain previous profitability levels.
Industry observers have noted that Huawei's earnings trajectory reflects broader challenges within China's technology sector, where companies are grappling with intensifying competition, evolving consumer preferences, and the need for substantial investment in research and development to maintain technological competitiveness.