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Chinese technology companies, exemplified by Huawei's launch of the world's first tri-foldable smartphone, are showcasing their resilience and innovation in the face of external pressures. This shift from reliance on Western markets to independent R&D and global collaboration, as seen in Geely's partnership with Renault, highlights a transformative approach in the global tech landscape. Chinese enterprises are now focusing on technology exports and sustainable development, fostering mutual benefits and cooperation across emerging markets.
Huawei hosted the APAC Eco Partner Summit 2025 in Kuala Lumpur, attracting over 160 partners from five countries, including 35 CXOs. The event focused on building an intelligent ecosystem, featuring discussions on culture, tourism, and mobile gaming, while showcasing Huawei's innovative triple-fold smartphone.Key insights were shared by industry leaders, emphasizing the importance of collaboration and user engagement. Huawei aims to strengthen its global ecosystem, enhance local partnerships, and support brands in penetrating the Chinese market through its extensive digital platform.
In 2024, the Groupe reported a net income of 1,660 million euros, a 26.5% increase from 2023, with earnings per share rising to 6.62 euros. Free cash flow before changes in working capital reached 1,838 million euros, reflecting higher investments and a net cash position of 775 million euros. The company also announced the acquisition of AKA Asia, enhancing its regional capabilities.
Huawei hosted the APAC Eco Partner Summit 2025 in Kuala Lumpur, gathering over 160 partners from 5 countries, including 35 CXOs. The event focused on building an intelligent ecosystem, showcasing Huawei's innovative triple-fold smartphone, and emphasizing collaboration for global business growth. Key discussions included digital transformation in culture, tourism, and mobile gaming, with insights from industry leaders and successful case studies highlighting the impact of Huawei's ecosystem on user engagement and brand support.
Huawei hosted the APAC Eco Partner Summit 2025 in Kuala Lumpur, gathering over 160 partners from five countries, including 35 CXOs. The event focused on building an intelligent ecosystem, showcasing Huawei's innovative triple-fold smartphone, and emphasizing collaboration for global business growth. Key discussions included digital transformation in culture, tourism, and mobile gaming, with industry leaders sharing successful case studies and strategies for overseas expansion.
The Huawei Mate XT, the world's first tri-fold smartphone, has launched outside China, available in countries like Malaysia, Indonesia, and Mexico for approximately €3,499 ($3,660). Despite its impressive specs, including a Kirin 9010 processor and 16GB of RAM, the device lacks official Google app support, which may deter potential buyers. Notably, it is unlikely to be released in the UK or US markets soon.
Infineon has launched its largest power semiconductor plant in Malaysia, while ASE plans a $200 million investment in next-gen chip packaging technology. Apple aims to manufacture 25% of iPhones in India by 2027, navigating significant challenges amid rising geopolitical tensions. Meanwhile, Huawei is attempting a comeback with the launch of its high-end Mate XT smartphone, targeting Southeast Asia and the Middle East markets.
Infineon has launched its largest power semiconductor plant in Malaysia, while ASE invests $200 million in next-gen chip packaging technology. Apple aims to produce 25% of iPhones in India by 2027, navigating challenges like component sourcing and workforce issues. Meanwhile, Huawei seeks to regain global smartphone prominence with its new Mate XT phone amid ongoing US restrictions.
Huawei's Mate XT Ultimate Tri-Fold phone, launched in September 2024, introduces a dual-fold screen design, intensifying competition for Samsung's Galaxy Z Fold 6. Priced at RM 14,999 (around $3400), it boasts durability but lacks Google services, which may limit its global appeal. In response, Samsung is developing its own Galaxy G Fold, expected to launch soon, as it navigates the pressure to innovate in the foldable market.
Macao has introduced its first wearable payment solution, enhancing user convenience and contributing to its smart city development. In partnership with Huawei, Macau Pass allows users to link their MPay accounts to Huawei watches for seamless payments, utilizing advanced security measures to prevent fraud. This innovation supports the growing trend of mobile payments in the region.
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