Chinese tech giant Huawei reports tepid consumer revenue growth for the first half of 2023

Cloud services brought in revenue of 24.1 billion yuan, while intelligent automotive solutions — whose products include tech for new energy vehicles — saw revenue of 1 billion yuan in the first six months of 2023.

The consumer segment is the only unit with year-on-year comparable figures since Huawei didn't start reporting revenue breakdown by cloud and other industries until late last year.

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Source: Reuters - 🏆 2. / 97 Read more »