AI Firm Cambricon Loses CNY 202 Million in 1H 2020
Chinese AI chip company Cambricon (688256:SH) realized revenues of CNY 87.20 million in the first half of 2020, decreasing by 11.01% from CNY 97.99 million recorded in the same period last year.
The company spent CNY 277.39 million on R&D, accounting for 318.1% of its revenues. The net loss was CNY 202 million, up from CNY 30.80 million in the first half of last year.
This text is a result of machine translation.
Related companies：
In-depth
Jan 05, 2023 07:33 PM
Nov 08, 2022 08:32 AM
Aug 09, 2022 04:42 PM
Aug 25, 2021 11:36 AM
Briefing Jan 18, 2022 07:50 PM
Cambrian: Liang Jun resigned as deputy general manager and chief technology officer
Briefing Jan 27, 2021 06:14 PM
· Technology
Cambrian performance forecast: net profit loss of 350-520 million yuan in 2020
Briefing Oct 28, 2020 06:13 PM
· Technology
Cambricon Reports Net Loss of CNY 310 Mn in 1Q-3Q 2020, Shares Down
Briefing Jul 21, 2020 01:52 PM
· Technology
Cambricon's Star Market Shares Up 30% on the Second Day of Trading
Briefing Jul 20, 2020 09:22 AM
· Technology
Cambricon's Shares Soar by 288% in Pre-Market Trading in Shanghai
See more
Read next
Insight
In-depth
Consumer Staples · Analysis
Chinese Cuisine Brand YGF Malatang Ventures into Brazil
Apr 23, 2024 02:21 PM