Flat revenues, declining margin for Huawei’s Q1

Q1 revenues at Huawei were up about 1% to $25.72 billion, compared with 39% growth in Q1 2019. The company did not announce its net profit but said that its net margin was 7.3% compared to 8% in Q1 2019. “The growth rate has slowed, but this is also a resilient performance in the face ...

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