Huawei CEO Introduces Loss-Making Smart Cars, AITO Wenjie M5
Huawei’s Managing Director and CEO of Consumer BG, Yu Chengdong, disclosed that the company is currently selling its high-end smart cars below RMB 300,000 at a loss due to the extensive investment in research and development, specifically in smart driving technology. Huawei's Loss-Making Strategy This financial pressure stems from Huawei's commitment to innovation, with a focus […]
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