Smartphones and phones

Rumor: Huawei is returning to the global marketplace

Rumor: Huawei is returning to the global marketplace

In the past two weeks, Huawei has quietly released three Mate 60 phones, each with 5G support. Multiple sources from China claim this is the first step of a new entry into the global smartphone market. IT Home quotes insiders as saying the company is laying the groundwork in China’s domestic market and continuing its expansion overseas, but no exact timeline has been given yet.

Huawei has not yet announced the exact timeline.

Huawei

Huawei has been held hostage by the trade war between China and the US that started more than five years ago. As a result, the company was denied access to most US technology, but the Mate 60, Mate 60 Pro and Mate 60 Pro+ models came out with 5G support and a Kirin 9000S chipset built using a 7nm process. The company has not officially commented on the SoC situation, but the chip was reportedly entirely Chinese-made, which raises further questions about how local companies acquired the know-how for such complex processes in such a short period of time.

The company has not officially commented on the SoC situation, but the chip was reportedly entirely Chinese-made, which raises further questions about how local companies acquired the know-how for such complex processes in such a short period of time.

Huawei

Huawei has already increased its full-year production forecast from 30 million units in January to 38 million units today. Of those, 20 million units have already shipped, and the Mate 60 Pro will account for another 6 million units, or a third of the remaining orders. According to some reports, the series may not make it outside of China, but Huawei has not made an official statement on the matter.

Some reports suggest that the series may not make it outside of China, but Huawei has not made an official statement on the matter.

Huawei used to have 42% of the Chinese smartphone market, but now its share is less than 10% and its global market share is 3%, six times less than in mid-2019.

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