Core Viewpoint - Huawei's revenue increased slightly in the first half of 2025, but net profit declined significantly due to high R&D investments and market challenges [2][4][10]. Financial Performance - Huawei reported a revenue of 427.04 billion yuan in the first half of 2025, a 3.94% increase from 410.82 billion yuan in the same period of 2024 [4][5]. - The net profit for the first half of 2025 was 37.20 billion yuan, down 32.21% from 54.86 billion yuan in the previous year [4][5]. R&D Investment - R&D expenditure reached 96.95 billion yuan, marking a 9.04% increase year-on-year, accounting for 22.7% of total revenue [2][9]. - Huawei's long-term strategy emphasizes R&D, with cumulative investments over the past decade totaling 1.25 trillion yuan [9][10]. Market Position - In the Chinese smartphone market, Huawei achieved a market share of 18.1% in Q2 2025, leading with 12.5 million units shipped [6]. - Overall, Huawei's smartphone shipments in the first half of 2025 totaled 25.4 million units, securing the top position in the market [6]. Future Outlook - The company is set to launch new products, including the Huawei Mate XTs, and is expanding its presence in the smart automotive sector [7]. - High R&D investments are expected to strengthen Huawei's competitiveness in AI, cloud computing, and smart driving in the long term [10].
华为最新发布!上半年营收4270亿元,研发投入969.5亿元
券商中国·2025-08-29 10:32