华为公布2025年上半年业绩：营收4270亿元，同比增长3.95%

Core Insights - Huawei Investment Holding Co., Ltd. reported a revenue of 427.04 billion yuan for the first half of 2025, representing a year-on-year growth of 3.95% [2][3] - The net profit for the same period was 37.20 billion yuan, showing a significant decline of 32.20% compared to the previous year [2][3] - Research and development (R&D) expenses reached 96.95 billion yuan, an increase of 9.04%, accounting for 22.7% of total revenue [3][6] Financial Performance - Revenue for H1 2025: 427.04 billion yuan, up from 410.82 billion yuan in H1 2024 [4] - Net profit for H1 2025: 37.20 billion yuan, down from 54.86 billion yuan in H1 2024 [4] - R&D expenses: 96.95 billion yuan in H1 2025, compared to 88.91 billion yuan in H1 2024 [4] Market Position - Huawei regained the top position in the Chinese smartphone market with a 18.1% market share, selling 12.50 million units in Q2 2025 [6] - The company sold a total of 25.40 million smartphones in the first half of 2025, leading the market [6] R&D Strategy - Huawei's R&D investment for H1 2025 exceeded that of many tech companies' annual budgets, with cumulative R&D spending over the past decade reaching 1.25 trillion yuan [7] - The company emphasizes long-term R&D investment as a key to maintaining competitive advantage in technology [7] Future Outlook - Huawei is focusing on cloud computing and AI as critical areas for future growth, with significant advancements in its Ascend processor ecosystem [7][9] - The overall computing power of Huawei Cloud has increased by nearly 250% year-on-year, with a substantial rise in clients utilizing Ascend AI cloud services [9]