On Monday, the US President Donald Trump met with chief executives of seven tech firms to find a resolution of their business with Huawei and Trump has agreed upon their requests.
Trump administration has agreed with the request of technology companies with a request for ‘timely licensing’ decisions from the Commerce Department’s restriction on Huawei, reported Reuters.
Under ‘timely license’, buyers or the sellers must apply for new licenses after a period of time decided by the Commerce Department. Currently, there’s no further information available on the timeline.
“The CEOs expressed strong support of the President’s policies, including national security restrictions on United States telecom equipment purchases and sales to Huawei,” a White House statement said. “They requested timely licensing decisions from the Department of Commerce, and the President agreed,” it said.
In May, Trump signed special order as “Entity-List” to bar Huawei from purchasing US technologies, citing the telecom giant as a national security threat and later on in June, Trump promised to ease these restrictions on the company, which the commerce department is currently working on.
The attendees of this meeting include – Micron Technology, Qualcomm, Google, Cisco, Intel, and Broadcom. With the resumption of supplies from these firms, we could expect that there will be at least some good outcome is on its way for Huawei and its customers.
Huawei grabs half of China’s foldable smartphone market share
According to IDC, Huawei remained the largest foldable smartphone seller in China with a market share of 47.4% in the fourth quarter of 2022, which is half of the entire country.
Data compiled by the market tracker shows that China’s shipments of foldable display mobile exceeded 1.1 million units, a new high, and the annual shipments were nearly 3.3 million units, a year-on-year increase of 118%.
Despite Huawei not featuring a 5G network, customers continue to select Huawei smartphones. For the time being, Huawei Mate Xs 2 is the only smartphone to come bring satellite communication features.
Last year, Huawei unveiled low priced Pocket S flip style device, the phone is compact and portable after folding. It is an exquisite device, with richer and fresher Color matching is more popular with young people peoples.
Currently, Huawei is the only company in the industry that has three foldable mechanisms: Inward, outward, and vertical foldable. As of now, the Chinese tech maker has launched six generations of folding-screen smartphones.
More on this, Samsung ranks second with 16.5% of the market share. OPPO takes 13.8% of the market share for the third place. Vivo is fourth, with a market share of 7.7%, Honor and Xiaomi are ranked fifth and sixth respectively, with similar shares.
(via – Sina Tech)
Honor Magic 5 series launching on February 27
Today, Honor has officially confirmed the launch date of the Magic 5 series flagship for February 27 at Mobile World Congress (MWC) 2023.
Honor wrote, “Any sufficiently advanced technology is indistinguishable from Magic.”
According to the information, the Honor Magic 5 series will be accompanied by Magic Vs on February 27 at 1:30 PM (CET). Honor has decided to unveil this upcoming Honor lineup at MWC Barcelona, which is a good decision.
Inspecting the promo image, the Honor Magic5 series will come with a triangle-shaped camera system that is new to the smartphone lineup.
“Any sufficiently advanced technology is indistinguishable from Magic.” Join us to #UnleashthePowerofMagic at MWC Barcelona 2023 on February 27 at 1:30pm (CET). #HONORMagic5 #HONORMagicVs #MWC23 pic.twitter.com/X9nL9mORWj
— HONOR (@Honorglobal) January 30, 2023
Past inputs reveal that Honor Magic 5 series comes with 100x zoom, achieved by a periscope camera system. On the other hand, it sports a flagship BOE screen and will be the first time Honor will use it.
He said that Honor Magic 5 would be lighter in design and IP68 dustproof and waterproof, which are the standards of a flagship device.
Honor gets massive growth in China, inches closer to top spot
Huawei’s former subsidiary, Honor is leading ahead of the former parent company and it’s the only phone maker that made growth in the Q4 of 2022 in China.
According to the data compiled by IDC, Honor achieved an 18.1% percent market share in Q4 2022 with a massive 34.4% year-over-year growth. While Honor’s market share was 11.7% in the same quarter in 2021.
Within a year, Honor made rapid progress, and the Chinese company continue to launch new devices among customers such as the Honor 80 series.
“Honor was the only Top 5 player that achieved growth in 2022 due to a low comparison base year and its aggressive product portfolio development.” wrote IDC.
Other companies on the chart include Vivo, which was only inches away to lose the top spot to Honor. Vivo collected an 18.6% market share, it is reduced from 21.5% in 2021 with a -25.1 percent decline. Third comes oppo with a 16.8% market share and -28.2% YOY decline. Fourth is Apple with a 16.8% share and -a 4.4% decline.
Honor is introducing new devices among consumers, which are actively contributing to its sales.
In the third quarter of 2022, Honor had 17.9% of the market share. This result is featured with the sale of the Honor 70 series. With its extremely attractive appearance and good performance optimization, the X40 series has quickly become a “popular” product since its launch.
Meanwhile, other products continue to become important choices for the entry-level market. At the same time, the flagship Magic 4 series has made great efforts in the commercial market and won some government procurement orders.
China’s smartphone market:
Other than Honor, China’s smartphone is running record low, according to the market tracker, 285.8 million smartphones shipped in China in 2022, down 13.2% year-on-year (YoY) to below the 300 million mark for the first time in ten years. In 4Q22, the market declined 12.6% YoY to 72.9 million units.