Bloomberg:

Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield  —  - The firm's phone shipments grew 42% in the past quarter  — China has asked local firms to use AI chips from Huawei

Bloomberg:

Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield  —  - The firm's phone shipments grew 42% in the past quarter  — China has asked local firms to use AI chips from Huawei

Source: TechMeme
Source Link: http://www.techmeme.com/241031/p21#a241031p21