Huawei has unveiled a three-way foldable phone as it seeks to expand its lead over Apple in its home market.
Author: David Kirton
Huawei has reported robust smartphone sales and strong performances in other areas, despite US sanctions.
Honor is receiving R&D funding, tax breaks and support to expand overseas ahead of a planned listing.
More than 900 million devices, including smartphones, watches and car systems, are already running on HarmonyOS.
Huawei’s Richard Yu said it had taken the company 10 years to do what the US and Europe took 30 years to achieve.
Huawei Technologies saw its fastest growth in four years in 2023, accelerating its recovery from US sanctions.
Huawei Technologies will not support Android apps on the latest iteration of its in-house Harmony operating system.
Huawei saw a slight uptick in revenue in the first three quarters of 2023, with growth in its digital power and cloud businesses.
Xiaomi recorded a 4% fall in revenue in the second quarter, tracking a continued sales decline in China’s handset market.
Huawei’s handset business is “on the road to a comeback”, said Richard Yu, head of the company’s consumer business.