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Huawei is set to report a record revenue of 860 billion yuan ($118 billion) for 2024, nearing its 2020 peak, after selling 45 million smartphones, a 25% increase from the previous year. The company has successfully navigated US sanctions by diversifying into new industries, developing its own technology, and expanding in the automotive sector, particularly in autonomous driving. With its proprietary HarmonyOS now on over a billion devices, Huawei is positioning itself as a leader in both consumer electronics and electric vehicle technology.
Huawei has launched the Mate XT Ultimate Design, the world's first tri-foldable smartphone, now available globally. Priced at €3,499 ($3,660), it features a 10.2-inch display, advanced hinge technology, and a versatile camera system with a 10-size adjustable aperture. This innovative device represents a significant leap in foldable technology, blending phone and tablet functionalities seamlessly.
Samsung has reclaimed its position as the top brand in YouGov's Best Global Brands for 2025, achieving an Index score of 43. Following closely are YouTube and WhatsApp, both at 41.6, while Google ranks fourth with 40. The rankings reflect consumer perceptions across 28 global markets, emphasizing the dominance of technology brands.
Samsung's upcoming Galaxy Z Fold 7 and Z Flip 7 are anticipated to be lackluster upgrades, recycling features from previous models with minimal innovation. The Fold 7 may lack S Pen support and could face performance issues due to regional chipset variations, while the Flip 7 risks stagnation in camera technology amidst rising competition from Huawei, which is poised to release an affordable Pocket 3. With disappointing sales of the Z Fold 6 and Z Flip 6, Samsung's foldable future appears uncertain as it struggles to maintain its market position.
Huawei has secured the sixth position in the 2024 Global Top 100 R&D Investment ranking, surpassing Samsung, which is in seventh place. This ranking, released by the EU Commission, highlights the importance of R&D in driving innovation and competitiveness in technology. As anticipation builds for the Huawei Pocket 3, expected in Q1 2025, it is rumored to be thinner and lighter than its predecessor, with a new tablet also on the horizon.
In 2024, China's smartphone market saw a modest 1.5% growth, with Huawei leading the charge at 36%, driven by its high-end Mate series. Xiaomi followed with a 10% increase, while Vivo grew by 6%. In contrast, Apple and Oppo faced declines of 13% and 9%, respectively, amid tightening competition. Looking ahead, government subsidies may boost consumer spending, but economic uncertainty looms.
Cardano (ADA) has seen a resurgence, reclaiming the $1 mark and attracting whale investors who acquired over 160 million ADA during a recent pullback. Despite a brief dip following Bitcoin's price drop, ADA remains above key support levels, with analysts predicting a potential breakout as it attempts to convert resistance into support.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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