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A look at military tech startup Shield AI, recently valued at $5.6B, and its new CEO Gary Steele, who aims to grow annual revenue from $300M to $1B by 2028 (Jessica Mathews/Fortune)

Jessica Mathews / Fortune : A look at military tech startup Shield AI, recently valued at $5.6B, and its new CEO Gary Steele, who aims to...

27 October 2023

Huawei reports Q3 revenue up 1% YoY to ~$19.9B, revenue for Q1 to Q3 2023 up 2.4% YoY to ~$62.3B, and a 16% profit margin in Q1 to Q3, up from 15% in H1 2023 (Evelyn Cheng/CNBC)

Evelyn Cheng / CNBC:
Huawei reports Q3 revenue up 1% YoY to ~$19.9B, revenue for Q1 to Q3 2023 up 2.4% YoY to ~$62.3B, and a 16% profit margin in Q1 to Q3, up from 15% in H1 2023  —  - Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter from a year ago, according to CNBC calculations.

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