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Huawei Q1 2022 business result has impact of smartphone sales decline

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huawei q1 2022 result

On April 28, 2022, Huawei published its business result for Q1 2022, which show the CNY 131 billion yuan in revenue (19.8 billion USD). Despite being affected by various challenges and losses the company has managed to post a net profit of 4.3 percent.

Huawei’s Rotating Chairman – Ken Hu has shared Q1 2022 business result and his view on the current status of the company, which shows the impact on consumer business majorly controlled by a smartphone. However, the company’s network business has continued to post good results for the tech firm.

In the face of every difficulty, Huawei has promised to increase its investment in innovation and development that will resolve the company’s future issues.

“We have yet again increased our investment in R&D to harness the momentum of our innovation and create new value for customers.”

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huawei q1 2022 result

Smartphone business loss:

In 2019, Huawei has been blacklisted by the U.S. commerce department, which prohibits the company from accessing and purchasing U.S.-made technologies as well as an important component such as chipsets and software services from firms such as Google.

The lack of required components has majorly affected smartphone manufacturing and its yield among consumers due to essential software services.

Rebuilding Supply Chain:

Recently, Huawei consumer business group CEO has shared some information regarding the recurrent supply chain status. Saying that the company has further improved its position in accusing required components as compared to 2021. Consumers can now access devices better than last year.

A spokesperson told Reuters:

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“Consumers can purchase Huawei smartphones more readily now including the latest best-selling models,” such as its flagship P50 and Nova series, the spokesperson said, without giving further details on-chip and component supplies.

Amy is our firmware and software specialist, she keeps her eagle eyes open for new software rollouts, beta programs, and other software related activities as well as new smartphone launch.

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Hermit spyware is dangerous for Android and iOS: Google

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hermit spyware android ios

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.

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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.

Hermit spyware Android ios

Source – Google

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Huawei dominates China’s wearable band market in Q1 2022

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huawei wearable band 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.

huawei wearable band q1 2022

Global Market:

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.

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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.

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Huawei Nova 10 Pro design appears in leaked posters

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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.

huawei nova 10 pro design leaked

huawei nova 10 pro design leaked

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.

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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.

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