Chinese smartphone maker Honor has begun preparations for an initial public offering.
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Huawei’s cloud services business and a resurgent smartphone unit have helped mitigate the fallout from US sanctions.
The absence of a foldable phone in Apple’s portfolio is creating an opening for rivals, according to Honor’s CEO.
Huawei Technologies is said to be plotting a return to the 5G smartphone industry by the end of this year.
Qualcomm is working with Android smartphone companies to add satellite-based messaging capabilities to their devices.
China’s smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade.
Huawei almost doubled its R&D budget over the past five years to $22.1-billion in 2021 – more than any company in the world outside America.
Huawei Technologies on Monday reported asset sale gains helped lift profit 76% in 2021, its biggest-ever annual gain.
Apple was China’s top-selling smartphone brand in 2021’s final quarter, taking top spot in the world’s largest mobile market for the first time since 2015.
Huawei, Honor and Motorola introduced plans for new foldable phones in recent days, betting big on the nascent form factor.