Back in May 2019, the US government on the basis of false allegations of national security put sanctions on Huawei to destroy it. Due to this, American-based component manufacturing companies are restricted to supply the Chinese tech giant.
In 2020, after the restriction came into effect, Huawei started facing difficulties from buying core components to the production of new products. The previous largest smartphone maker is trying to recover but still going through hard times.
Recently, Yu Chengdong, Huawei’s consumer business CEO shared a post on Weibo In his post, he mentioned Trump’s government restrictions results in Huawei’s consumer business having a lot of trouble and not able to deliver products.
Related to this, Huawei’s flagship and high-end product market share is mainly given to Apple, while the low-end products in the Chinese smartphone market share is taken by smartphone makers including Oppo, Vivo, and Xiaomi.
Today, Yu again shared a post with the title “Falling on Huawei, Feeding on Apples” and started with the comment “In less than two years, the US imposed four rounds of sanctions on Huawei.
The Consumer business has faced extreme difficulties and cannot ship required products, which result that Huawei’s high-end product market share mainly acquired by Apple.
Furthermore, Yu explained that the overseas smartphone market share of Huawei was given to Apple, Samsung, and related companies. As we can see, Apple has recently released its latest financial report that shows that iPhone sales increased by 65.5% year-on-year, especially in China, which achieved an 87% year-on-year growth.
Also, third-party organizations such as IDC and Canalys recently published results of Q1 of 2021, which shows Samsung is on top, followed by Apple, Xiaomi, Oppo, and Vivo. However, Huawei is now out of the top 5.
Huawei’s financial report shows that in 2020, Huawei’s consumer business will have a revenue of 482.9 billion yuan in 2020, a year-on-year increase of 3.3%. It is worth mentioning that after the escalation of sanctions against Huawei last year, the consumer business had the greatest impact, and shipments of mobile phone products have fallen sharply.
Additionally, Huawei’s flagship stores have also begun introducing the automobile categories, and this year, Huawei announced that Huawei Smart Selection will officially sell Cyrus SF5 smart cars and already started to pre-sale on its official online store in China.
In regard to fallen Smartphone sales, Yu previously said that Huawei has been targeted by the U.S. many times, which has severely affected Huawei’s smartphone business.
After reconsidering, Huawei has decided to sell cars, which can make up for the decline caused by the impact on smartphone sales.
He said Huawei phones with high frequency, demand, and mass production have encountered huge difficulties. Although, the volume of smart electric vehicles is not as big as smartphones but the unit price and value are much higher. This will help the company to make gain profit in the lack of smartphone sales.
Huawei achieves 96th position in Annual Fortune Global 500 list
Huawei is one of the leading tech giants across the world. Several times, the company has flourished its name and fame on the global platform. With constant efforts and innovative techniques, Huawei has attained its place in the 2022 Fortune Global 500 list.
Recently, the business inspection cooperation – Fortune announced the 2022 Global list of companies that includes the top organizations of the world, including Huawei. The inspection firm is well-known to showcase the overall growth of companies around the globe.
Over the past few years, the pandemic has ruptured many sectors around the world. Consequently, there is a need to understand the growth of the digital economy on a global basis. Hence, Fortune has the responsibility of providing an accumulated and accurate report of sales and profits that has broken record levels in the year 2021.
Favorably, Huawei managed to secure its position among the top 100 companies in the Fortune Global 500 list. Approx 145 Chinese companies came under the list category. Among them, the Chinese manufacturer is standing at the 96th rank.
Speaking of the revenue details of Huawei, the company has slightly come down over the past year. It has fallen from 44th rank directly to 96th. Besides, the revenue has also decreased to 23.6 percent. But it does not mean that the company is playing at the loss.
A good profit of 88.2%
Alternatively, the Chinese tech maker has hyped its profit percent to 88.2. Well, that gets equal to 17.62 billion USD. Hence, we cannot say that the company has declined in any manner. Concerned with the tiny step back, Huawei knows how to tackle the obstacles on its way.
Moreover, we should not forget that the company is playing the lead role in the foldable smartphone market. Huawei is consistent regarding new upbringings in the market. And soon, the firm will be able to recover its loss with a good amount of profit.
Huawei Mate 50, Mate 50 Pro and RS gets certified ahead of launch
Recently, Huawei received certificate for three new models – BNE-AL00, DCO-AL00, and CET-AL00. These phones are identified as the upcoming Huawei Mate 50, Mate 50 Pro, and Mate 50 RS Porsche Design.
Certificate from TENAA reveals that the Huawei Mate 50, Mate 50 Pro, and Mate 50 RS are equipped with only 4G LTE connectivity and there’s no sign of 5G at the moment. These phones are powered by HarmonyOS operating system and more likely it’ll be the HarmonyOS 3.0.
Aside from this information, there’s no clue of any other details on the specifications. However, a previous report reveals that the phone lineup will have a new six-blade lens with a variable aperture controls the light more effectively and also to safe keep the image sensor hardware.
With this tech, Huawei is aiming to provide better brightness in images and background blur in portrait shots. This is quite an awesome improvement to know about and we’ll keep on looking forward to what the variable aperture will bring for the consumers when the device will officially lands in public.
Yes, we are aware that Huawei wants to continue its dominance over the camera world and this tech will surely help the firm to achieve its primary aim.
Past leaks reveal that the Huawei Mate 50 series consist of three models – Mate 50, Mate 50 Pro, and Mate 50 RS Porsche Design. The phone maker has brought in these models with a new Snapdragon chipset from Qualcomm.
It’s also suggested that the Mate 50 will have a flat panel with a center hole punch design. While the Mate 50 Pro along with Mate 50 RS will equip a curved edge panel and a notch to house the face id and other face cameras as well as sensors.
Currently, Huawei has not confirmed the launch date but it’s expected that the Huawei Mate 50 series will debut on September 7.
Geely announces two new electric cars models equipped with HarmonyOS
Geely Automobile cooperation has recently come into the news for its association with the Huawei HarmonyOS system for the development of its upcoming electric cars. Now the company is again amid headlines, announcing two new car models.
The well-known automobile manufacturer has recently added a new post on its Weibo page. Accordingly, the post showcases two brand new electric car models termed Geely G6, and Geometric M6. Besides, the company also mentioned that both the Geely electric cars will equip a standard system based on the HarmonyOS development.
Consequently, the information states that two more new models will soon capture the smart vehicles’ place in the market. And since these intelligent cars will power the smart cockpits uprooted over the HarmonyOS interface, users will surely grab a new experience of driving and traveling.
As mentioned, Geely has already bumped into the headlines for joining its hands with the Huawei HarmonyOS system. At the same time, the company also released a poster on its Weibo page with the caption – ‘Powered by HarmonyOS‘.
New Electric Car Images
Although, the company hasn’t uttered a word on the specifications or any vital element of the upcoming automation. Yet, the company showcased an opaque look to the super-agile cars in the form of cluster images. Alternatively, the shots describe the color of Geely G6 and M6 cars as green and brown textures with a matte finish.
Speaking of the smart cockpit based on HarmonyOS, the system will offer a super interface and access to mobile applications on the car. Further, it will permit the users to navigate the car context with their handsets.
Alongside, there are a lot of features that look after the convenience of the users. For instance, support of air-conditioning linkage, dark mode function, multi-screen interaction, smooth buffer-free connection, express delivery, and more.
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