The Chinese tech giant said it spent a record amount on R&D in 2025.
Written by Nikkei Asia
Published on
6 Apr 2026
3 mins read
Huawei has reported its highest annual revenue in five years, driven by robust demand for artificial intelligence and computing, while its nascent smart car solutions also logged healthy growth, defying a persistent US crackdown that limits the Chinese tech company’s access to American technologies.
When including internal customers, the telecommunications giant said cloud computing revenue grew from a year ago.
Chinese chip companies have benefited from strong domestic demand for AI as U.S. tech curbs have bolstered local firms.
Huawei did not offer an explanation for the profit decline, but said its first half expenditure for R&D rose 9 per cent.
AI-related segments drove growth, supporting the company’s transition beyond IT distribution.
Apple shipped 10.1 million smartphones in the quarter in China, up 4% year on year, Canalys data showed.
Nevertheless, Ren Zhengfei cautioned that Huawei still isn’t quite as successful as the U.S.’s fears make it seem.
