With that infusion, Shenzhen Habo Technology Investment Partners – established in 2021 by Huawei and Habo Investment – last Thursday raised its registered capital to 7.98 billion yuan (US$1.1 billion) from 7 billion yuan previously, according to data from Chinese business registry platform Tianyancha. Huawei did not immediately respond to a request for comment on … Read more
Foldable phone shipments in mainland China more than doubled last year in spite of overall weakness in the world’s largest smartphone market, with Huawei Technologies remaining the country’s top vendor in this growing handset segment. Mainland shipments of foldable smartphones reached 7.01 million units last year, up 114 per cent from 3.2 million in 2022, … Read more
This article was first published by The Korea Times in a partnership with the South China Morning Post. A resident of eastern Jiangsu province, 48-year-old Shen Ling used to own a number of Samsung Electronics smartphones in the 2010s, attracted by the devices’ well-designed appearance and popularity among consumers across mainland China. “It was once … Read more
