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Wireless

FIH Mobile confirms H1 loss, sees difficult market conditions continuing

Monday 10 August 2020 | 13:00 CET | News
FIH Mobile has confirmed a net loss of USD 101 million for the first half of 2020, compared to a loss of USD 84 million a year earlier. Revenues tumbled to USD 3.67 billion from USD 6.39 billion in H1 2019, and the gross profit turned to a negative USD 2.7 million from a positive USD 43.6 million a year ago. 

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Categories: Mobile & Wireless
Companies: FIH Mobile / Huawei
Countries: World
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