Huawei Technologies is expected to launch its new flagship smartphone Mate 70 next month, as a resurgence in its premium handset business intensifies its rivalry with Apple and major Chinese competitors, according to local media reports and a supply chain source familiar with the matter. If confirmed, the launch will offer fresh evidence that the … Read more
The Shenzhen-based company reported a 29.5 per cent jump in revenue to 585.9 billion yuan (US$82.3 billion) in the first three quarters of 2024, up from 452.3 billion yuan in the same period last year, according to a filing to the Shanghai Clearing House, the sole central clearing counterparty in China’s interbank market. However, Huawei … Read more
Under its Singles’ Day promotion, Apple’s Tmall store started offering a 500-yuan voucher for all iPhone 16 models from 8pm on Monday, according to a Tmall announcement on Sunday. Prices for the basic iPhone 16 model and the premium iPhone 16 Pro Max start from 5,499 yuan and 9,499 yuan, respectively. Tmall has also offered … Read more
That aligned with findings from government think tank China Academy of Information and Communications Technology, which reported a 12.7 per cent year-on-year decline in foreign smartphone shipments, including Apple’s iPhone, in the same month. Those shipments fell to 1.87 million units in August, from 2.14 million a year earlier, as domestic smartphone shipments rose 26.7 … Read more
