Huawei Teases Launch of New Smartphone, High-End Model Anticipated

A logo for Huawei is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024. (Reuters)
A logo for Huawei is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024. (Reuters)
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Huawei Teases Launch of New Smartphone, High-End Model Anticipated

A logo for Huawei is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024. (Reuters)
A logo for Huawei is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024. (Reuters)

Chinese tech giant Huawei has started allowing customers to register their interest in an upcoming smartphone model it has yet to describe, stoking anticipation that the latest version of its high-end P series phones is on its way.

The company jumped back into the premium smartphone market last year with its Mate 60 series, a launch celebrated by state media as a triumph over US sanctions on the firm. The launch has also been blamed for a steep decline in Apple's iPhone sales in China.

Speculation has built up in recent months that Huawei will soon launch the P70, which is expected to, like the Mate 60, contain an advanced China-made chip.

Huawei's P series has advanced cameras and is known for its sleek design, while the Mate series, also high-end, emphasizes performance and business features.

A Thursday product launch for a smart car model and laptop did not mention phones, disappointing legions of fans who complained online. But on Friday, checks made by Reuters at three Huawei stores in Beijing found that interested buyers could register to receive information about a phone without making a deposit.

Registered customers will be notified about the phone's specs and colors in due course, sales staff said.

Huawei did not immediately respond to a request for comment.

The Mate 60, notably launched during a trip by US Commerce Secretary Gina Raimondo to China, did not involve any prior advertising or disclosure of specifications, prompting some users and companies to tear down the phones as they sought to work out its capabilities.

"Huawei kills two birds with one stone," Will Wong, an analyst with research firm IDC, said of this tactic. He noted that the firm could maintain a lower profile amid US-Sino trade tensions while generating an air of mystery and excitement over the launches.

Archie Zhang, a smartphone analyst at Counterpoint Research, noted that the availability of stock has been a significant constraint for the Mate 60 and would likely be so for the P70 as well.

Huawei has had to slow production for Mate 60 phones due to production constraints and the need to prioritize manufacturing of artificial intelligence chips, sources have said.



Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
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Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)

Apple's market share in China shrank by two percentage points in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys.

The decline underscores the difficulties the US tech giant faces in its third-largest market.

Huawei's smartphone shipments surged 41% year-on-year in the quarter, bolstered by the launch of its new Pura 70 series in April.

The Canalys data, while not providing specific shipment figures for Apple, showed that the company's market share in China dropped to 14% in the second quarter of 2024, a decrease from 16% in the same quarter of 2023.

As a result of this decline, Apple's ranking in the Chinese smartphone market fell from third to sixth place.

Overall, China's smartphone shipments rose by 10% in the quarter, Canalys said. Vivo was the top vendor with a share of 19%, followed by Oppo, Honor and Huawei with 16%, 15% and 15% respectively.

"Domestic manufacturers have demonstrated market leadership, occupying the top five positions in the mainland Chinese market for the first time in history," said Lucas Zhong, research analyst at Canalys.

"On the other hand, Apple faces growth pressure in the Chinese market and is actively focusing on optimizing channel management."

Huawei made a comeback to the high-end smartphone segment last August with the release of a device powered by a domestically-made chip, defying US sanctions that have cut off its access to the global chipset supply chain.

In an effort to boost sales, Apple has ramped up its discounting efforts this year to entice consumers. The US company launched an aggressive campaign in May, doubling the scale of an earlier promotion in February and offering price cuts of up to 2,300 yuan ($318.84) on select iPhone models.

Analysts expect Huawei's strong performance to continue throughout the year. Canadian research firm TechInsights projected earlier this year that Huawei's overall smartphone shipments in China will exceed 50 million units in 2024, with the Pura 70 series accounting for 10 million of those shipments.

That would make Huawei the No. 1 seller with a 19% market share, up from 12% in 2023, TechInsights has said.