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Sunday, February 16, 2025

Xiaomi to invest $4.2...

At Beijing’s Haidian District Economic and Social High-Quality Development Conference yesterday, Xiaomi...

BJP’s legislative party to...

NEW DELHI: After a historic victory in the Delhi Assembly...

Tea shop gutted in...

A tea shop located on the Tiruchengode New Bus Stand road was...
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Huawei’s net profit in first half of 2023 sees a 218% year-on-year increase · TechNode


In the first half of 2023, Huawei achieved a revenue of RMB 308.29 billion ($42.3 billion), compared to RMB 298.68 billion ($40.98 billion) in the same period the previous year, according to the company’s financial results released on August 30. The net profit was RMB 46.523 billion ($6.38 billion), a 218% year-on-year increase and a leap from the full-year net profit of RMB 35.6 billion ($4.88 billion) in 2022. During the first half of 2023, Huawei’s research and development expenses amounted to RMB 82.604 billion ($11.33 billion), representing a RMB 3.541 billion increase from the RMB 79.063 billion ($10.92 billion) in the same period last year. [Securities Times, in Chinese]

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Xiaomi to invest $4.2 billion in R&D development in 2025 · TechNode

At Beijing’s Haidian District Economic and Social High-Quality Development Conference yesterday, Xiaomi CEO Lei Jun highlighted the critical role of both corporate confidence and R&D (research and development) investment. In the face of challenges, companies must maintain confidence...

BJP’s legislative party to meet tomorrow: Who will be Delhi’s next CM? – The Times of India

NEW DELHI: After a historic victory in the Delhi Assembly elections, the Bharatiya Janata Party (BJP) is now gearing up for a major decision: who will become the next chief minister of Delhi? The party secured...