China’s Huawei’s Handset Business Making a Comeback, Executive Says

 People visit a Huawei booth during the World Semiconductor Congress in Nanjing in China's eastern Jiangsu province on July 19, 2023. (AFP)
People visit a Huawei booth during the World Semiconductor Congress in Nanjing in China's eastern Jiangsu province on July 19, 2023. (AFP)
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China’s Huawei’s Handset Business Making a Comeback, Executive Says

 People visit a Huawei booth during the World Semiconductor Congress in Nanjing in China's eastern Jiangsu province on July 19, 2023. (AFP)
People visit a Huawei booth during the World Semiconductor Congress in Nanjing in China's eastern Jiangsu province on July 19, 2023. (AFP)

Huawei Technologies' handset business is "on the road to a comeback" the head of the company's consumer business Richard Yu said in his keynote at the company's annual developer conference in the southern city of Dongguan on Friday.

Huawei's share of the domestic smartphone market share grew by 76.1% in the second quarter, and took second spot in the high-end sector, Yu said.

The company held 11.3% of the overall China market in the second quarter, behind five competitors led by Vivo and Apple, according to Counterpoint Research.

Counterpoint attributed Huawei's growth to the resumption of normal product launches after resolving shortages.

Several rounds of US restrictions on US-made technology limited Huawei to producing last-generation 4G handsets, causing its once sizeable handset market share to plummet both at home and abroad.

The US and European governments have labelled Huawei a security risk, a charge the company denies.

Yu said Huawei's in-house Harmony operating system has "overcome many challenges" in the last four years, noting there were now 2.2 million developers for the system.

Last month research firms told Reuters they expect Huawei to return to making 5G smartphones by the end of the year by procuring chips domestically, in spite of the US restrictions.

Huawei declined to comment.



Ministry of Economy and Planning Launches Beta Version of Data Saudi Mobile Application

Ministry of Economy and Planning Launches Beta Version of Data Saudi Mobile Application
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Ministry of Economy and Planning Launches Beta Version of Data Saudi Mobile Application

Ministry of Economy and Planning Launches Beta Version of Data Saudi Mobile Application

The Ministry of Economy and Planning launched on Wednesday the beta version of the Data Saudi mobile application, a comprehensive online platform that provides access to key economic and social data about the Kingdom.
According to a ministry statement, the application displays data from "trusted local and global sources, providing users with a better understanding of the economic landscape in Saudi Arabia, by utilizing interactive visualization techniques".
The application facilitates access to data directly on the users’ mobile devices, allowing them to browse all published economic, social, and sectoral data.
The application also enables access to the most important national and regional economic and social indicators, and data about the Kingdom’s international economic interactions with more than 180 countries.
The ministry said it will work on further developing the application in the near future by expanding data coverage to encompass diverse economic sectors. It will also strive to incorporate more advanced and interactive visualization techniques.
Those interested in experiencing the application can download it from the App Store and Google Play.