Technology Aug 27, 2020 09:20 PM (GMT+8)
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.