Huawei

In China's high-end smartphone market, there are only two suppliers - Apple and Huawei, Canalys analyst Mo Jia said recently.

Huawei had been stockpiling 5G base station core chips for months ahead of the US ban deadline, ensuring availability at least through 2021, Bloomberg reported today.

For the first three quarters of 2020, Huawei achieved sales revenue of 671.3 billion yuan, up 9.9 percent year-on-year, with a net profit margin of 8.0 percent, the company said today, adding this result was largely in line with expectations.

At the global online launch of the Mate 40 series, Huawei introduced several new applications for overseas users, including Petal Search, a universal search engine that supports multiple search methods, and Petal Maps, a mapping application that can be operated through the Mate 40 series from a distance.

Huawei on Thursday launched the Mate40 series, the company's latest flagship smartphones with 5nm 5G Kirin 9000 flagship chip.

The Huawei Mate40 Pro product page was briefly available on Amazon Germany the night before the launch of the Mate40 series, with a price of €1,199 and shipping date of November 9.

Huawei recently announced that its Phoenix Engine's Ray Shop is the industry's most advanced mobile light-rendered hybrid rendering pipeline, widely used in games and other 3D applications to improve image quality.

Swedish regulators announced on Tuesday the ban of Huawei and ZTE telecom equipment in its 5G network.

Japanese electronic parts makers received large stockpiling orders from Chinese handset makers such as Xiaomi, OPPO and Vivo to fill the loss of orders from Huawei, according to the Nikkei Asia.

Apple and Huawei will each account for about 44 percent of China's 5G handset market in the $600-plus price point where the iPhone 12 series is located, according to a recent report from research firm IDC.