Huawei’s R&D Gamble: AI and EV Push Leads to Unexpected Loss
Huawei Technologies Co., one of the world’s leading businesses in networking and electronics, has reported a considerable decline in profit, losing 300 million yuan in the last quarter. This is the first quarterly loss within a year. Due to their continued investment in R&D for EVs, chipmaking, and other areas, the company continues to experience…
