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Huawei's first-half profit declined 32% amid heavy spending on R&D

BEIJING :Chinese tech giant Huawei reported a 32 per cent drop in first-half net profit on Friday as it spent heavily on research and development to defy U.S. sanctions. Net profit for January to June dropped 32 per cent year-on-year to 37 billion yuan ($5.17 billion), according to its filing posted on Beiji

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Channel News Asia broke the news in Singapore on Friday, August 29, 2025.
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