Huawei R&D expenditure causes thinner earnings in 2016
Along with rising component prices and development and maintenance fees on sales channels, huge research and development (R&D) expenditures eroded Huawei’s margin and profits last year, according to a Sohu article, citing insiders from the Chinese technology firm. Huawei sold 30 percent more handsets year-over-year but profits from its consumer business group, which includes the smartphones segment, was down 10 percent from the year prior to $2 […]