Thursday, 5 March, 2026
Huawei revenue still in slump, after three-quarter total drops by a third
By Basit Ansari
<p>Chinese tech giant Huawei reported its three-quarter revenue today, which showed the company is still in a slump in its consumer segment. First-quarter sales were down by 16.5%, while by the six-month mark revenue dropped by 29%. At the end of the third quarter, Huawei reported taking 456B yuan in revenue, signifying an almost 33% drop from 671B yuan revenue reported last year.<br />
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