Huawei to Unveil‌ New Product After⁢ Apple’s iPhone ⁢16 Release

Following Apple’s ⁣announcement ‌of ⁤the latest‍ iPhone 16 release on September ⁢9,‍ China’s Huawei has revealed‍ plans to ⁤launch a new ⁤product immediately after.

Huawei, currently⁣ outselling Apple‍ in China due to⁤ patriotic‌ consumer spending, appears to be‍ gearing up to counter Apple’s⁤ new product announcements.

Apple’s iPhone 16 series is equipped with artificial intelligence (AI) functions, generating higher market‍ expectations than ever.

Huawei⁢ has announced a new product‌ launch event on September 10, right‍ after Apple’s latest lineup ⁣unveiling in the United States.

Although the specifics of Huawei’s new⁣ product ​are unclear,⁣ Richard Yu, head ​of Huawei’s consumer business, ‌stated that⁤ the company will “unveil leading, innovative and disruptive products.”

Yu ⁣added, “After⁤ five years of investment, Huawei ‍has turned science fiction into reality.”

Huawei was once the world’s largest smartphone maker but faced setbacks ​due to U.S. sanctions blocking access to cutting-edge semiconductors.

However, the company has made significant strides in ‌developing its ⁢own semiconductors and releasing ‌the latest mobile phones, ultimately surpassing Apple in market share.

According to data firm Canalys, Chinese companies such as ‍Vivo, Oppo, Honor​ (Huawei’s mobile phone subsidiary),⁢ Huawei, and⁣ Xiaomi ranked 1st to 5th in the Chinese mobile phone market share rankings in the second quarter.

In contrast, Apple ranked 6th with a market share of 14%, marking⁢ the ​first⁤ time ⁢the⁤ company has ‍fallen out of the top 5 since⁤ entering China.