☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Technology@lemmygrad.mlEnglish · 1 month agoChinese telecoms gear giant Huawei said Monday its net profit fell 28 per cent in 2024 while its revenue surged, as the company invested heavily in advanced techwww.ctvnews.caexternal-linkmessage-square3fedilinkarrow-up138arrow-down11cross-posted to: technology@lemmy.worldtechnology@hexbear.nettechnology@lemmy.ml
arrow-up137arrow-down1external-linkChinese telecoms gear giant Huawei said Monday its net profit fell 28 per cent in 2024 while its revenue surged, as the company invested heavily in advanced techwww.ctvnews.ca☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Technology@lemmygrad.mlEnglish · 1 month agomessage-square3fedilinkcross-posted to: technology@lemmy.worldtechnology@hexbear.nettechnology@lemmy.ml
minus-squarecfgaussian@lemmygrad.mllinkfedilinkarrow-up20·1 month agoHonestly, good news. Profits are wasted labor if they are not re-invested in development.
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up18·1 month agoExactly, this is what happens when your company is employee owned instead of shareholders squeezing out quarterly profits.
Honestly, good news. Profits are wasted labor if they are not re-invested in development.
Exactly, this is what happens when your company is employee owned instead of shareholders squeezing out quarterly profits.