Huawei refutes allegations of government orders for smartphones amidst accelerating market growth: The Chinese tech colossus has categorically denied these allegations. Huawei’s official Weibo account issued a late statement denying the claims as unfounded allegations.
The statement emphasized that these rumors lacked any basis in fact and were solely spreading confusion and false information across multiple platforms and accounts. Huawei urged the public not to believe or disseminate such unreliable information and exhorted individuals to report such instances as soon as possible.
Huawei continues to make significant advances in the smartphone market despite battling false reports. Recent releases, including the Mate 60/Pro/Pro+ series and the Mate X5 smartphone with a foldable screen, have sparked a purchasing frenzy in China. Due to the high demand, these devices were once sold at premium prices.
Barely surviving, growth no longer a priority: Chinese tech giant Huawei warning
Huawei secured the second position in the Chinese smartphone market during W36 (September 4th to September 10th) with a 17% sales market share, according to supply chain market research data. This achievement positions Huawei in second place, 0.2% behind Honor, with a 17.2% market share.
Moreover, the imminent Huawei product launch event on September 25 has piqued the interest of tech enthusiasts. The event coincides with a significant juncture in the company’s history. Sabrina Meng, the CFO of Huawei, returned home on September 25, 2021, after being detained for 1028 days. This event sparked widespread celebrations and prompted media agencies to coin the phrase “the light boat has passed through a thousand mountains”
As the launch event for Huawei’s Mate 60 nears, industry observers are eager to see what the tech titan has in store for consumers and how the company’s market presence will evolve in the coming months.
