Huawei Electronics released its 2026 half-year report. First-half net profit attributable to the parent was 118 million yuan, up 10.2% year on year. Operating revenue was 1.326 billion yuan, up 6.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 118 million yuan, up 3.3% year on year. Net operating cash flow was 56.52 million yuan, down 36.02% year on year. Second-quarter operating revenue was 660 million yuan, up 9.1% year on year, and net profit attributable to the parent was 59.95 million yuan, up 15.1% year on year. The company said that, affected by the global semiconductor market landscape and international trade conditions, domestic substitution has accelerated. The company adjusted its product structure, market structure, and customer structure, successfully achieved large-scale application in the mid-to-high-end market, and rapidly expanded in strategic emerging fields such as automotive electronics, clean energy, and smart homes.
JiLin Sino-Microelectronics Co LtdHuawei Electronics reports profit growth and expansion in mid-to-high-end markets, indicating strong demand for its products.
