Huawei reports deeper profit decline amid memory costs

Published Monday, August 31, 2026 · 7:06 AM EDT

Huawei Technologies reported a deep profit decline as rising memory costs weighed on the Chinese technology company while it increased spending on semiconductor research. The supplied summary does not state the reporting period, profit figure, memory-cost level, or a breakdown of the research spending.

Sources

Bloomberg Technology

In this story

China

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital

Spill Games raises $10.5 million to expand mobile games business

Indian mobile games studio Spill Games has raised $10.5 million in Series A funding led by Elevation Capital, with participation from existing investors Centre Court Capital and PeerCapital. The Bengaluru company plans to expand i...

AI Infrastructure

Nvidia opens courseware hub and expands European research compute partnerships

Nvidia has launched a freely downloadable, openly licensed courseware hub for accelerated computing and deep learning, the company said as it joined the European Commission's AI in Science Enablers Initiative. The materials requir...

Security

Texas attorney general says CenterPoint breach affects a million customers

A CenterPoint Energy data breach affects a million customers, the office of Texas Attorney General Ken Paxton says. In a report to that office, CenterPoint said the breach included customer names, addresses, Social Security number...

Security AI

Langflow flaw draws 1,423 exploit attempts against honeypots

Attackers have made 1,423 exploitation attempts against Previdian's honeypots targeting a critical Langflow vulnerability, The Hacker News reported. The flaw, CVE-2026-105740, affects versions before 1.9.0 and lets authenticated u...

Robotics Capital

120ft raises €576,000 for proposed robot-operated microfactories

Stockholm startup 120ft has raised €576,000 from 22 angel investors to develop autonomous microfactories staffed by humanoid robots, Unite.AI reported. The funding supports software and factory infrastructure development as the co...

Products AI

Figma opens code layers beta and begins Specs and Payload rollouts

Figma said it is rolling out code layers in open beta on all plans, letting teams bring working code onto its design canvas. Specs, a Markdown editor that links shared decisions to designs, diagrams and code layers, is also beginn...