China's Huawei to Host Product Launch Event on Sept 25

FILE PHOTO: Pricing details of Huawei's Mate 60 Pro smartphones are seen on smartphones displayed at a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo
FILE PHOTO: Pricing details of Huawei's Mate 60 Pro smartphones are seen on smartphones displayed at a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo
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China's Huawei to Host Product Launch Event on Sept 25

FILE PHOTO: Pricing details of Huawei's Mate 60 Pro smartphones are seen on smartphones displayed at a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo
FILE PHOTO: Pricing details of Huawei's Mate 60 Pro smartphones are seen on smartphones displayed at a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo

China's Huawei Technologies said on Thursday it will hold a media event to discuss new products on Sept. 25, fanning expectations that details about recently released smartphones will be revealed.

Its Mate 60 series is in the spotlight - both for the use of a China-made advanced chip and because the series likely marks the first major attempt by Huawei's smartphone business to come back from crippling US sanctions.

Reuters said that Huawei did not elaborate on the new products that will be discussed but domestic business daily Yicai reported that information about its latest phones will be disclosed.

Huawei started selling its latest high-end smartphones Mate 60 and Mate 60 Pro at the end of last month and last week it started presales for its Mate 60 Pro+ smartphone alongside a new foldable phone Mate X5.

The series' launch was unusual in that Huawei did not carry out any pre-marketing or organize a glitzy event. Even so, the phones have caused a stir, with the first sales coinciding with a trip to China by US Commerce Secretary Gina Raimondo and because the Pro version was found to be using a 5G-capable chip made by a Chinese company.

How Huawei's phones will fare against Apple at a time of heightened US-Sino tensions will be of much interest to investors and China watchers.

The launch of Apple's iPhone 15 series this week has drawn mixed reactions in China - the company's third-largest market - with many online users liking its faster chip and improved gaming capabilities while others preferred Huawei's new smartphone.

Further denting Apple's sheen in China, the government has expanded curbs on the use of iPhones by state employees, with some told not to use them at work.

The state-backed Securities Times this week reported that Huawei had raised its Mate 60 series second-half shipment target by 20% due to better-than-expected sales.

Huawei, once the world's largest smartphone maker, saw that business decimated after the US started restricting tech exports to the company in 2019.
The US and other Western governments have labelled Huawei a security risk, a charge the company denies. Since then, Huawei has only sold limited batches of 5G models using stockpiled chips.



Apple Takes Top Spot for First-Quarter Smartphone Sales, Data Shows

An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, US, September 9, 2024. (Reuters)
An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, US, September 9, 2024. (Reuters)
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Apple Takes Top Spot for First-Quarter Smartphone Sales, Data Shows

An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, US, September 9, 2024. (Reuters)
An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, US, September 9, 2024. (Reuters)

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

Apple had 19% of the smartphone market, despite flat or declining sales in the US, Europe and China, followed by Samsung with 18% of the market, according to Counterpoint.

The data suggests iPhone demand remains strong in emerging markets, even as sales struggle in China due to competition from local players such as Huawei and a lack of AI features.

Separately, International Data Corporation, which primarily tracks shipments rather than sales to consumers, said global smartphone shipments rose 1.5% in the first quarter, with Apple front-loading supply to sidestep potential tariffs under US President Donald Trump.

Apple's shares were up around 3.5%.

Trump's back-and-forth tariffs and escalation of global trade tensions has resulted in global financial market turmoil for the past two weeks, a worsening economic outlook and the possibility of stronger inflation.

Apple had chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India in an effort to beat the tariffs.

However, Trump's decision to exclude smartphones, computers and some other electronics from the sweeping reciprocal duties on China led to a rise in global tech shares on Monday.

"The recent exemption by the US government pausing smartphone import tariffs from China offers temporary relief for US companies, but heavy reliance on China's supply chain persists amid ongoing tariff volatility," said Ryan Reith, group vice president, worldwide device trackers, IDC.

"Right now, the focus for US smartphone brands should be taking advantage of the exemption by building and shipping as much as possible."

Counterpoint, which expects the smartphone market to decline this year due to tariff-related uncertainty, said Xiaomi continued its sales momentum in third place, while Vivo took the fourth spot and OPPO was fifth.