Huawei Plans To One-Up Apple's iPhone 16 With 'Disruptive' Product Launch, Says It Has 'Turned Science Fiction To Reality' After 5 Years Of Research
Portfolio Pulse from Benzinga Neuro
Huawei plans to launch a 'disruptive' product on September 10, coinciding with Apple's iPhone 16 event. Huawei's comeback in the Chinese market challenges Apple's position, as Huawei's smartphone shipments increased by 41% year-on-year.
September 02, 2024 | 11:56 am
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Apple faces increased competition from Huawei, which plans to launch a 'disruptive' product on the same day as Apple's iPhone 16 event. Huawei's growing presence in China could impact Apple's market share.
Huawei's strategic timing of its product launch on the same day as Apple's iPhone 16 event suggests a direct challenge to Apple. Huawei's recent growth in the Chinese market, where Apple has lost market share, indicates potential pressure on Apple's sales and stock price.
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