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Huawei has launched the Mate XT, the world's first tri-fold smartphone, with a global rollout planned following its initial release in China. Priced at EUR3,499, the device features a unique Z-shaped design, a Kirin 9010 chipset, and runs on HarmonyOS 4, but its lack of Google Mobile Services may hinder adoption in Western markets. Despite this, Huawei aims to reclaim its global smartphone presence, targeting high-end consumers while facing increased competition from upcoming devices like Apple's iPhone SE 4.
Huawei reported a revenue of over CNY 860 billion ($118.27 billion) in 2024, marking a 22% increase from 2023, the fastest growth since 2016. Despite U.S. technology restrictions, the company’s consumer and car solutions businesses are thriving, with smartphone shipments in China rising by 37%. The introduction of the Mate 70 series, featuring HarmonyOS NEXT, has further bolstered its market position.
Huawei's 2024 revenue surpassed CNY 860 billion (approximately US$118.6 billion), as announced by Chairman Howard Liang at the Guangdong Provincial Conference on high-quality development. This growth was fueled by robust ICT infrastructure and a recovering consumer business. Additionally, the Ascend 910C has achieved 60% of the AI performance of Nvidia's H100.
Howard Liang
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huawei launches mate xt the worlds first tri fold smartphone amid challenges
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