Huawei dominates the foldable smartphone market in China with over 50% market share, despite not having 5G connectivity, and the segment is experiencing strong year-over-year growth.
Apple's iPhone sales in China have surpassed those in the United States for the first time, contributing to Apple potentially becoming the biggest player in the smartphone market this year, despite global smartphone shipments being on track to be the worst in a decade due to economic headwinds in China and the US, according to Counterpoint Research.
Chinese chip stocks rally after Huawei's launch of the Mate 60 Pro phone, with investors speculating that it could be using a 5G capable chip, potentially benefitting China's local semiconductor sector.
The global smartphone market continues to decline, with a 6.6% drop in Q2 2023 and a 13.3% decline in the first half of the year compared to 2022, affecting different companies in different ways, with Samsung still leading but facing challenges from Apple, Xiaomi, Oppo, and Transsion.
Huawei and China's top chipmaker SMIC have developed an advanced 7-nanometer processor for the new Huawei Mate 60 Pro smartphone, marking progress in China's domestic chip ecosystem and a challenge to U.S. restrictions on Huawei's access to chipmaking tools.
The launch of Huawei's new smartphone raises questions about global technology and control of the future, as the Chinese company unveils a smartphone powered by an advanced chip, potentially challenging US efforts to block China from acquiring cutting-edge computer chips.
China has defied US-led export restrictions by producing a 5G smartphone, Huawei's Mate 60 Pro, using an advanced silicon chip made by Semiconductor Manufacturing International Corp (SMIC), indicating progress in China's efforts to build a domestic chip ecosystem.
China's Huawei Technologies' development of an advanced chip for its latest smartphone demonstrates the country's determination to fight back against U.S. sanctions, but the efforts are costly and may lead to tighter restrictions from Washington, according to analysts.
The US government is seeking more information about the Huawei Mate 60 Pro smartphone, particularly its advanced chip, to determine if American restrictions on semiconductor exports were bypassed.
The recent unveiling of Huawei's Mate 60 Pro smartphone, powered by the Kirin 9000s chip, has sparked debates about its significance in the US-China technology cold war.
Huawei has announced the 5G Mate 60 smartphone, defying US sanctions and showcasing China's advances in semiconductor design, potentially allowing the brand to regain its position in the best camera phone rankings by 2023.
The Huawei Mate 60 Pro's release in China has sparked mockery and nationalist pride on Chinese social media, as it is seen as a symbol of China's technological advancement despite US efforts to restrict its access to advanced chips.
J.P. Morgan predicts that Apple's iPhone 15 could experience a sales decline due to the launch of Huawei's 5G Mate 60 Pro smartphone.
Chinese smartphone maker Honor is returning to the Indian market with its new device, Honor 90, after its parent company sold the brand in 2020; the company aims to secure 5% market share and reach $1.2 billion in revenue by December 2024.
The U.S. government is investigating how Huawei and SMIC managed to create 7nm Kirin 9000S 5G chipsets in violation of American sanctions, while Foxconn workers assembling the Huawei Mate 60 Pro in China are paid 19.2% more than those assembling the iPhone.
Despite conflicting claims, the U.S. Commerce Secretary has stated that there is no evidence that Huawei can manufacture smartphones with advanced semiconductors at scale.
Huawei's premium segment remains strong in China, according to Kiranjeet Kaur, associate research director at IDC Asia-Pacific.
