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[BUSINESS]■ STORY TIMELINE

HUAWEI REVENUE CLIMBS 10% BUT PROFITS PLUNGE 36%

Huawei reported H1 2026 revenue of $69.57 billion, up 10% year-over-year, but net income dropped 36% to $3.54 billion. The company reclaimed the top smartphone position in China with over 20% market share.

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Bloomberg: Huawei reports H1 2026 revenue up 10% YoY to ~$69.57B, with net income down 36% to $3.54B; it is now the top…