Enlarge / The Huawei Mate 60 Professional+. It is a telephone made with out a lot of the conventional US-allied suppliers. (credit score: Huawei)
Counterpoint Analysis has an fascinating new report on the return of Huawei in China. Market share for the Chinese language authorities’s favourite tech firm has shot up 64 p.c for the primary six weeks of 2024. Counterpoint says that is because of “continued demand for Huawei’s Mate 60 collection,” Huawei’s first massive smartphone launch in its US-sanctions comeback tour.
Counterpoint says the market share for the main US incumbent, Apple, has plummeted 24 p.c in 2024, permitting Huawei’s 17 p.c market share to beat Apple’s 16 p.c. For the early days of the yr, Huawei is now the No. 2 smartphone producer in China, Vivo is No. 1, and Apple is tied for third with Honor, a Huawei offshoot. I guess the Chinese language authorities is thrilled.
Huawei was speculated to be lifeless! For a time, the corporate was crushed by US sanctions, which actually kicked in round 2021. The corporate principally retracted to China-only distribution and misplaced most of its market share because of dwindling chip provides. Just a few years later, Huawei is getting its homegrown ecosystem again in gear, sufficient to launch the Mate 60 Professional, the corporate’s post-sanctions flagship.
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