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Apple has raised trade-in values for iPhones in China to combat declining sales amid fierce competition from local brands like Huawei and Xiaomi. The iPhone 15 Pro Max's trade-in value increased to 5,700 yuan ($791), while the iPhone 15 Pro's rose to 4,750 yuan ($659.33). Despite these adjustments, Apple faces challenges, including an 8% drop in shipments and a decrease in market share, prompting considerations to shift assembly to India and incorporate AI features through a partnership with Alibaba.
Huawei has introduced the MateBook Fold, featuring an 18-inch foldable display that offers a glimpse of what Apple's anticipated 18.8-inch foldable device might resemble. This versatile gadget can function as a tablet or laptop, boasting a slim profile of under 15mm when folded and 7.3mm when unfolded.Priced at $3,300 for the base model, the MateBook Fold showcases advanced folding mechanisms and software features, though its high cost raises questions about the pricing of Apple's forthcoming foldable devices.
Huawei has launched the Nova 14 series, starting at CNY2,699 (USD375), with Pro and Ultra versions priced at CNY3,499 and CNY4,199, respectively. Featuring HarmonyOS 5 and AI enhancements, the series aims to strengthen Huawei's mid-to-high-end market presence, particularly in China, while facing challenges in expanding its HarmonyOS ecosystem globally. Despite a 28% drop in net profit last year, the company sold over 100,000 Nova 13 units in Q1 2023, aided by a national consumer subsidy program.
Huawei's MateBook Fold showcases a folding design that aligns with rumors of Apple's upcoming foldable iPad, expected to launch in late 2027 or 2028. The MateBook features an 18-inch screen and various usage modes, priced at approximately $3,330 for the base model. Additionally, Amazon is reportedly developing a similar device, projected for mass production by 2026 or 2027.
Huawei has launched its in-house operating system, HarmonyOS, for personal computers, aiming to provide an alternative to Windows amid rising geopolitical tensions. The OS will debut on the MateBook Fold and is set to support over 2,000 apps, including popular messaging platforms like WeChat and QQ. With a focus on reducing reliance on American technology, Huawei is phasing out Windows from its PC lineup and expanding its software ecosystem to connect various devices.
Gold prices are struggling to breach the $3,200 mark amid concerns over US creditworthiness and ongoing trade disputes. Following Moody's downgrade of the US credit rating, the market is closely watching upcoming speeches from Federal Reserve officials for insights on monetary policy. The recent temporary reduction of tariffs between the US and China adds another layer of complexity to the situation.
Samsung has lost the first-to-market foldable laptop race to Huawei, which has launched the MateBook Fold ULTIMATE DESIGN in China. This 18-inch device features a foldable OLED panel, dual 13-inch screens, and is priced at 23,999 yuan ($3,328). While Huawei's laptop is available for purchase, Samsung's foldable laptop plans remain uncertain.
Huawei has launched two innovative laptops, including the foldable MateBook Fold Ultimate Design with an 18-inch display that folds to 13 inches, priced from 23,999 yuan. The new MateBook Pro features a 14.2-inch screen and is priced between 7,999 and 10,999 yuan, both running on HarmonyOS. Presales for the foldable model have begun, with shipping set for June 6.
Huawei has launched two high-end laptops running on HarmonyOS 5: the MateBook Pro priced at ¥7,999 ($1,110) and the MateBook Fold with a dual OLED display at ¥23,999 ($3,328). The absence of Android code restricts access to popular software like Microsoft Office 365, potentially limiting their appeal to business users.
Huawei has launched its first laptops, the MateBook Fold and MateBook Pro, powered by its own HarmonyOS 5, marking a significant step in competing with established Western tech giants. The MateBook Fold features an 18-inch OLED double screen and is priced at C¥24,000, while the MateBook Pro starts at C¥8,000. Despite US restrictions limiting access to technology, Huawei aims to expand its ecosystem, boasting over 150 applications available for HarmonyOS.
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