Amidst US Hurdles Apple Rival Huawei Showcases Mate 60 Smartphone Lineup
Portfolio Pulse from Anusuya Lahiri
Huawei Technologies unveiled its latest Mate 60 smartphone series at a product event, while also expressing gratitude to China for its support amidst U.S. sanctions. The company has been facing challenges due to these sanctions since 2019, which have limited its access to advanced chipmaking technologies. Despite this, Huawei has made significant strides in tech, challenging companies like Nvidia Corp. The Mate 60 series is seen as evidence of Huawei's resilience against U.S. sanctions. The event also marked the second anniversary of the return of Huawei's rotating Chairwoman, Meng Wanzhou, to China.
September 25, 2023 | 2:11 pm
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Huawei's new MatePad Pro was benchmarked against Apple Inc's iPad Pro during the event.
The news does not directly impact Apple, but the benchmarking of Huawei's new MatePad Pro against Apple's iPad Pro indicates that Huawei views Apple as a key competitor in the tablet market.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Huawei's resilience and continued innovation despite U.S. sanctions could pose a challenge to Nvidia Corp.
While the news does not directly impact Nvidia, Huawei's resilience and continued innovation in the tech space could pose a competitive threat to Nvidia in the long run.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50