# Huawei reports deeper profit decline amid memory costs

_Monday, August 31, 2026 at 5:38 AM EDT · Products, Infrastructure · Latest · Tier 2 — Notable_

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](https://www.bloomberg.com/news/articles/2026-08-31/huawei-profit-decline-widens-after-memory-crunch-takes-toll)

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Retrieved: 2026-08-31T13:40:56.988Z
Publisher: Tech & Business (techandbusiness.org)