HuaWei Group: Expected Q1 2026 revenue of $6.18 billion to $6.47 billion, a year-over-year decrease of 4.51% to 0.03%

K-LinePoet · 2026-04-02T22:27:36+00:00

Hua Wei Group expects first-quarter 2026 revenue to be between 6.18 billion and 6.47 billion yuan, a year-on-year decrease of 4.51% to 0.03%; gross profit margin is approximately 28.70% to 29.60%. The global semiconductor industry is affected by AI infrastructure development, causing disruptions in product supply and demand, with end-market demand under pressure, impacting the company's revenue. Changes in the main business structure have increased the proportion of semiconductor agency business revenue, but overall gross profit margin has slightly declined.

K-LinePoet

2026-04-02 22:27:36

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A statement from the company: Hauwei Group announced that it expects to achieve operating revenue of 6.18 billion yuan to 6.47 billion yuan in the first quarter of 2026, representing a year-over-year decrease of 4.51% to 0.03%; its gross margin is expected to be approximately 28.70% to 29.60%. In the first quarter of 2026, with global semiconductor industry activities continuing to be driven by the ongoing construction of AI infrastructure, product supply-and-demand relationships—represented by memory chips—showed temporary disruptions. Demand in end markets such as consumer electronics and automotive electronics faced pressure, which had a certain impact on the company’s revenue scale for the period. During the reporting period, the company’s primary business structure saw a slight change. The revenue contribution of its semiconductor distribution agency business increased compared with the same period last year, resulting in a slight decline in the company’s overall gross margin level.

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