Today, Huawei has officially released its business results for the first quarter of 2022. According to Huawei, the company has gained a sales revenue of 131 billion yuan with a net profit margin of 4.3% in Q1 of 2022.
As compared to 2021’s data, the Huawei sale’s revenue in Q1 of 2022 fell by 13.9% year-on-year. On this subject, Huawei’s Rotating Chairman – Ken Hu said that in the first quarter our overall business results were in line with forecasts. Our consumer business was heavily impacted, and our ICT infrastructure business experienced steady growth.
“We have yet again increased our investment in R&D to harness the momentum of our innovation and create new value for customers,” said Hu
At last, Ken Hu added that we want to thank our customers and partners for their ongoing trust and support for the company. Further, in 2022, despite considerable operational challenges, we will work more closely with our customers and partners around the world to overcome adversity.
According to information, a Huawei spokesman said the company had taken steps to meet consumer demand for smartphones. Huawei consumers can now more easily buy smartphones including the latest best-selling models such as its flagship P50 and Nova series devices. (Via: Reuters)
As per the counterpoint report, Huawei covered 6.2% of the Chinese smartphone market in the first quarter of 2022. On the other hand, its former subsidiary Honor’s share reached 16.9%.
Hermit spyware is dangerous for Android and iOS: Google
Google has started giving notifications to all Android and iOS global users for the new Hermit spyware attacks in Kazakhstan and Italy. The company states that the new Spyware attack is targeting the people of different countries. The name of this Spyware is Hermit Government Grade Spyware.
According to the latest report, Hermit Government Grade spyware use Government official to target the victims in the different countries and works on several modules. Apart from, Kazakhstan and Italy Hermit spyware is also spotted in Northern Syria. Hermit spyware is targeting iOS as well as Android users and its app for iOS carries six different harmful vulnerabilities two were unknown and were discovered recently.
Lookout and Working:-
Hermit spyware use government official to operate and catch the victim in their traps. the several modules allow it to collect and control different types of victim information or data from the victim’s device such as:-
Calls logs, Photos, Emails, Messages, and Device location and redirect and record the ambient audio and phone calls.
A harmful link is sent to the target user via “TEXT MESSAGE” for downloading the harmful applications from unknown sources. Google stated that it had notified all the infected users of Android and updated the Google Play Protect for other Andriod users which will now stop the harmful app from running in the background.
“Installing the downloaded APK requires the victim to enable installation of applications from unknown sources. Although the applications were never available in Google Play, we have notified the Android users of infected devices and implemented changes in Google Play Protect to protect all users.” wrote Google.
A recent report says that Hermit used the government officials for cutting the mobile data service from the network provider and then said to install the harmful app for restoring the data. Below you can check a screenshot of the app that prompts users to tap on the corresponding apps to fix their current app account-related issues and then begin an unknown background process to install and occupy an important pieces of information as mentioned above.
Source – Google
Huawei dominates China’s wearable band market in Q1 2022
The slowdown in the smartphone market has brought in new opportunities for Huawei and the company is making efforts in the consumer product including the smart band market. According to a recent market report, Huawei has achieved the top wearable band market share in China for the Q1 2022 timespan.
Market researcher Canalys has published a report on top wearable band vendors in Mainland China for the first quarter of 2022. In Q1 2022, Huawei grabbed a 33 percent market share with a 12 percent on-year decline but the company remains on top of the wearable band market.
Xiaomi comes next with 17 market shares and a 12 percent market loss as compared to last year. XTC is third with a 17 percent share with 26% market losses. Fourth is Apple with an 8 percent market share and over 20 percent market growth and it’s only the top 5 lists that have seen growth in the last year. Last and the fifth place is occupied by Honor with over 64 percent negative growth and 5 percent market share.
Other than this, the global wearable band shipment has fallen by 3 percent to 41.7 million units in the first quarter of 2022. This could be the transition of consumers that continues to transition to the smartwatch.
Talking more on this matter, the global wearable band market is dominated by Apple with 2 market share and over 21 percent on-year growth rate. Second is Huawei which has an 11 percent share and a 5 percent decline. Third ranks Xiaomi with 10 percent unit shares and a massive 41 percent decline.
Fourth Samsung has 8 percent with a 2 percent negative decline.
“Although Huawei’s wearable business performed well, ranking second, Huawei’s shipments were still on a downward trend as the smartphone business shrunk.” wrote Canalys.
Huawei Nova 10 Pro design appears in leaked posters
Huawei Nova 10 Pro poster has now been leaked online revealing the design of this upcoming Nova device. The poster shows an upgraded version of the Huawei Nova 9 Pro what a new camera along with a live image of the rear model.
First let’s talk about the leaked offline poster, which reveals the front design of the Huawei Nova 10 Pro featuring a larger display along with curved edges and pill shape cutout on the top left corner of the screen. The rear side of the phone brings you a new camera arrangement along with 100 super fast turbocharging as well as the HarmonyOS operating system. The product in China is endorsed by well-known young actor Yi Yang Qianxi.
Another image of the phone shows that it has a triple-lens system with a 50MP main camera.
Official teaser and date:
Well, known Weibo tipster suggests that Huawei Nova 10 series will begin to warm up on June 24 and the company would also reveal its launch date simultaneously. In addition, we can expect the Chinese tech giant to release this phone in the first week of July.
Huawei has certified two phones model – GLA-AL00 and GLA-AL00 via the Chinese compulsory certification authority and identified as Nova 10 and Nova 10 Pro. Both phones have 66W and 100W super-fast charging support.
The previous report has information that these two devices will be powered by Qualcomm’s mid-range processors, which could be the Snapdragon 778G. The specs of this processor consist of octa-core architecture – Octa-core, 4 x Cortex-A78 at 2.42 GHz + 4 x Cortex-A55 at 1.8 GHz, and there’s an Adreno 642L GPU for graphics performance.
There’s more that is need to be learned regarding the Huawei Nova 10 series and we’ll keep you posted on further notes.