Huawei Reports 467.82 Billion Yuan in First-Half Revenue, R&D Spending Hits Record High

Dragon Media Correspondent

Chinese technology giant Huawei generated 467.82 billion yuan, or about 69.6 billion U.S. dollars, in revenue during the first half of 2026, marking a 9.55 percent increase from the same period a year earlier.

According to the company’s semi-annual report, Huawei’s research and development spending reached 121.38 billion yuan between January and June.

The figure represents a 25.2 percent year-on-year increase and marks the company’s highest-ever R&D expenditure for the first half of any year.

Research and development spending accounted for 25.94 percent of Huawei’s total revenue during the six-month period, highlighting the company’s continued emphasis on technological innovation and long-term capability building.

Huawei said it will continue to increase investment in key strategic areas including connectivity, computing, cloud services, consumer devices, intelligent driving and artificial intelligence.

The company has also pledged to integrate artificial intelligence and cybersecurity capabilities into every product and network in an effort to strengthen performance, security and overall competitiveness.

In recent years, Huawei has accelerated investment in AI computing, telecommunications technology, smart devices and intelligent vehicle solutions.

The company has also placed growing emphasis on developing its own technological capabilities in semiconductors, software and computing infrastructure.

Huawei reported annual revenue of 880.9 billion yuan in 2025, while its research and development spending reached 192.3 billion yuan, accounting for 21.8 percent of total revenue.

With R&D spending rising to nearly 26 percent of revenue in the first half of 2026, artificial intelligence, advanced computing and indigenous technological capabilities are becoming increasingly central to Huawei’s future strategy.