Core Viewpoint - Huawei has publicly displayed its Kirin chip information on its Pura 80 series smartphones for the first time in four years following a HarmonyOS upgrade, marking a significant moment for the company amidst ongoing challenges from U.S. sanctions [1][3]. Group 1: Kirin Chip and HarmonyOS - The last time Huawei introduced its Kirin chip was during the launch of the P50 series in 2021, where it was noted that due to U.S. sanctions, the Kirin 5G chip could only be used as a 4G chip [3]. - Huawei's smartphone shipments were severely impacted by chip shortages, dropping from a peak of 240-250 million units annually to just over 20 million units during the peak of sanctions [3][5]. - In August 2023, the Kirin chip made a comeback with the Mate60 series, coinciding with Huawei's announcement that HarmonyOS would transition to a single framework, no longer supporting the Android ecosystem [5]. Group 2: Market Position and Future Outlook - Huawei's market share had previously surpassed that of Apple and Samsung, but sanctions led to a significant decline in shipments [5]. - According to IDC, Huawei's smartphone shipments reached 12.5 million units in Q2 2023, giving it an 18.1% market share and marking its return to the top of the Chinese smartphone market for the first time since Q4 2020 [5]. - The company aims to enhance its chip production capacity and improve its ecosystem, with aspirations for HarmonyOS to become a leading operating system globally [5].

Core Viewpoint - Huawei's HarmonyOS ecosystem is rapidly expanding, with over 8 million registered developers and significant growth in application development and market share in the Chinese smartphone market [2][4]. Developer Ecosystem - The number of HarmonyOS developers has surpassed 8 million, reflecting a growth rate of over 10% in just two months [4]. - HarmonyOS applications have reached over 30,000, with more than 5,000 applications accounting for 99.9% of consumer usage time [3]. - Huawei's developer space has attracted over 110,000 developers, providing resources and tools for application development [6][7]. Market Performance - HarmonyOS captured 19% of the Chinese smartphone market in Q4 2024, surpassing Apple's iOS, which held 17% [4]. - The ecosystem's growth is supported by over 1.3 billion lines of code based on OpenHarmony and nearly 9,000 community contributors [4]. Product Launch - Huawei's Pura 80 series smartphones were launched, featuring advanced imaging capabilities and a focus on domestic chip replacement [9][11]. - The Pura 80 series is priced starting at 6,499 yuan, with the Pro+ and Ultra models priced at 7,999 yuan and 9,999 yuan, respectively [12]. Industry Impact - The launch of the Pura 80 series is expected to accelerate the domestic replacement of high-end camera image sensors (CIS), with domestic suppliers gaining significant market share [12].

Group 1 - Douyin has responded to the issue regarding the "shoulder pole girl" account, stating that it has disposed of 26 impersonating accounts to protect the rights of the individual involved [1] - The platform took action on June 13, 2023, to prevent unauthorized accounts from infringing on the rights of the real individual while confirming the account situation [1] - Douyin will continue to monitor and intercept related impersonation activities [1] Group 2 - Xiaomi responded to reports of a university in Shandong banning Redmi phones for exams, clarifying that the ban was not a school requirement but rather a request from the technology support company [2][4] - Xiaomi's public relations manager emphasized that the Redmi brand has evolved and is no longer just a budget phone, with models like the K series being high-performance devices suitable for online exams [4] Group 3 - Transsion Holdings has reportedly established a mobility division to explore the two-wheeled electric vehicle market, focusing on rapid deployment in Africa and other developing countries [5] - The company is currently hiring for multiple positions related to this new business venture [5] Group 4 - The sales of Nezha-related derivatives are expected to exceed 100 billion, with total sales potentially surpassing 1 trillion [8] - The chairman of Light Media indicated that the market for authorized products related to Nezha has seen significant revenue growth [8] Group 5 - The total volume of postal delivery services in China reached 861.8 billion pieces in the first five months of the year, with revenue of 718.73 billion yuan [28] - The express delivery business accounted for 787.7 billion pieces and generated 592.46 billion yuan in revenue during the same period [28] Group 6 - In May, the total retail sales of consumer goods in China amounted to 41,326 billion yuan, reflecting a year-on-year growth of 6.4% [29] - Excluding automobiles, the retail sales of consumer goods reached 37,316 billion yuan, with a growth rate of 7.0% [29]

Group 1 - The first meeting of the China-US economic and trade consultation mechanism was held in London, where both sides reached a principled consensus on addressing economic concerns and implementing measures from previous discussions [2] - President Trump called for a 100 basis point interest rate cut from the Federal Reserve, citing strong CPI data, which has led traders to increase bets on a rate cut in September [2] - The A-share market experienced a rebound, with the Shanghai Composite Index surpassing 3400 points, indicating a potential "Chinese version of a slow bull market" [2] Group 2 - Following the inauguration of President Lee Jae-myung, the South Korean stock market saw a six-day consecutive rise, with the KOSPI index reaching its highest level since January 2022 [3] - Seventeen major automotive companies, including BYD and Dongfeng, committed to standardizing supplier payment terms to within 60 days, promoting stability in the supply chain [3] - Tensions in the Middle East led to a significant increase in oil prices, with WTI crude futures rising by 4.88% to $68.15 per barrel [3] Group 3 - The founder of Pang Donglai projected a profit of approximately 1.5 billion yuan for the company this year, with average monthly income for employees around 9,000 yuan [4] - Hillhouse Capital's founder Zhang Lei faced significant losses in investments in Longi Green Energy, as the solar industry encounters a cyclical downturn [4] Group 4 - Xiaomi's SU7 Ultra production model set a record for the fastest production electric vehicle at the Nürburgring Nordschleife with a time of 7 minutes and 4.957 seconds [5] - Huawei launched the Pura 80 series smartphones, highlighting a substantial investment of 1.249 trillion yuan in R&D over the past decade, with 2024 R&D expenses projected to reach 179.7 billion yuan [5]

Group 1 - Voyager Technologies Inc. (VOYG) saw an 84% increase on its first day of trading following its IPO in the US [2] - Huang Renxun announced plans to establish 20 new "AI factories" in Europe, with Quantum Computing Inc. (QUBT) rising by 27.96%, reaching a six-month intraday high [3] - Oracle expects its cloud infrastructure revenue to increase by over 70% in the new fiscal year, with shares rising by 8% in after-hours trading [4] Group 2 - The US May CPI rose by 2.4% year-on-year, with core CPI increasing by 0.1% month-on-month, marking the fourth consecutive month below expectations [4] - The EU has refused to compromise on tariffs, planning to postpone trade negotiations until after July [6] - Meta Platforms has launched an AI video editing feature on its AI app [7] Group 3 - The smart glasses market is projected to grow significantly, with global shipments expected to reach 12.8 million units by 2025, a 26% year-on-year increase [10] - Xiaomi's AI smart glasses are anticipated to be officially released for sale by the end of June, featuring advanced interaction capabilities [20][21] - The "Star Flash" technology is expected to see widespread adoption, with over 50 million smartphones projected to support it by 2025 [20]

Core Viewpoint - Huawei has successfully established a comprehensive ecosystem with HarmonyOS 5, integrating various devices such as smartphones, smartwatches, tablets, and computers, marking a significant milestone in its ecosystem development [1][9]. Group 1: Product Launch and Features - Huawei launched the Pura 80 series and WATCH 5, both equipped with HarmonyOS 5.1, showcasing the completion of the HarmonyOS ecosystem across multiple device categories [1][2]. - The Pura 80 series includes four models: Pura 80, Pura 80 Pro, Pura 80 Pro+, and Pura 80 Ultra, all featuring advanced imaging capabilities and AI enhancements [3][4]. - The new features of HarmonyOS 5.1 include over 70 innovative functions such as cross-device connectivity and unified account login, enhancing user experience across devices [6][9]. Group 2: Market Performance and Growth - According to Counterpoint Research, Huawei's smartphone sales grew by 28.5% year-on-year in Q1 2025, achieving a market share of 19%, the highest since 2021 [3][11]. - The Pura and Mate series are identified as key growth drivers, particularly in the high-end market segment [3][12]. - HarmonyOS has gained a 19% market share in China by Q4 2024, surpassing Apple's iOS, which holds a 17% share [11]. Group 3: Ecosystem Development - Huawei emphasizes the importance of ecosystem development, which is seen as a critical challenge compared to developing the operating system itself [12][13]. - The company is actively enhancing system capabilities and fostering partnerships across various sectors, including social media, finance, and health, to expand the HarmonyOS ecosystem [12][13]. - Recent updates to popular applications like WeChat and QQ on HarmonyOS reflect ongoing improvements and the growing ecosystem [13].

Core Viewpoint - Huawei's launch of the Pura 80 series smartphone, featuring the HarmonyOS 5.1 operating system, marks a significant step in its innovation and ecosystem development, aiming to reclaim its position in the high-end smartphone market [1][2]. Group 1: Product Launch and Features - The Pura 80 series is the first high-end direct-screen smartphone equipped with a dual-lens telephoto camera and HarmonyOS 5.1 [1]. - The smartphone features an upgraded eighth-generation ISP and a one-inch RYYB large sensor, enhancing real-time data processing capability by 200%, AI color engine capability by 120%, AI noise reduction by 113%, and AI real-time HDR by 41% [1]. - The Pura 80 series is positioned as a key flagship product in the mid-to-high-end market, crucial for Huawei's strategy to regain market share [2]. Group 2: Market Performance and Sales - Huawei regained the top position in the Chinese smartphone market with a 19.4% market share in Q1, the highest since 2021, representing a year-on-year growth of 28.5% [2]. - The Pura 70 series played a significant role in this resurgence, achieving over 10 million units sold within eight months of its launch [2]. - Analysts predict that the Pura 80 series will surpass its predecessor in sales and potentially spark a new wave of upgrades in the high-end smartphone market [2]. Group 3: Research and Development - Huawei has invested over 1.2 trillion yuan in R&D over the past decade, with nearly 180 billion yuan (specifically 179.7 billion yuan) spent in the last year, accounting for 20.8% of its revenue [2]. - The company holds 150,000 valid global patents, reflecting its commitment to continuous technological advancement [2]. Group 4: Ecosystem and Supply Chain - The Pura 80 series smartphone features a highly localized supply chain, with multiple listed companies serving as key suppliers [4]. - The HarmonyOS ecosystem is expanding, with plans for a large-scale upgrade of HarmonyOS 5.1 in July, and HarmonyOS 6.0 expected to launch between October and November 2025 [4].

Group 1 - Huawei officially launched the Pura 80 series smartphones on June 11, which are the first smartphones in the industry to support the Star Flash car key feature [1] - The Star Flash car key technology is expected to enter a "commercial explosion period," with over 50 million smartphones projected to gain this capability through OTA upgrades by 2025 [1] - The Star Flash technology offers higher positioning accuracy, longer connection distances, and better security, with features such as automatic unlocking when within 3 meters of the vehicle [1] Group 2 - Digital Video Technology has joined the Star Flash Alliance led by Huawei, becoming a supporting unit for the smart automotive industry promotion group and security group [2] - Huayang Group's wholly-owned subsidiary, Huayang Multimedia, is a member of the Star Flash Alliance and is actively promoting the application of Star Flash technology, having provided digital key NFC module products for Seres [2] Group 3 - The global market size for Star Flash technology is predicted to exceed $6 billion by 2025, with a compound annual growth rate of 117.2%, and is expected to expand to $15.1 billion by 2030 [1]

Core Insights - Huawei officially launched the Pura 80 series smartphones and WATCH 5 smartwatches, becoming the first global devices to support "tap to pay" functionality in sleep mode [1] - The innovation stems from a deep collaboration between Huawei and Alipay, allowing users to complete payment transactions even when the device is in sleep mode [1] - The Pura 80 smartphone utilizes the iTAP 3.0 protocol for the first time in mobile devices, enabling seamless payment processes [1] Technology Development - The collaboration between Huawei and Alipay has evolved through several key milestones, including the launch of the Alipay HarmonyOS version in October 2024, which introduced the "tap to pay" feature [1] - The new "tap to pay" technology enhances payment convenience compared to the previous "screen on" method, allowing users to initiate payments without activating the screen [2] - The WATCH 5 smartwatch also supports sleep mode payments, enabling users to start the payment process simply by raising their wrist [1][2]

Core Viewpoint - Huawei is expanding its HarmonyOS ecosystem with the launch of HarmonyOS 5.1, which is now integrated into high-end smartphones and wearable devices, marking a significant step towards establishing HarmonyOS as a global third mobile operating system alongside iOS and Android [1][3]. Group 1: Product Launch and Development - The Huawei Pura 80 series and the HUAWEI WATCH5, the first AI smartwatch powered by HarmonyOS, were unveiled, showcasing Huawei's commitment to integrating HarmonyOS across various product lines [1]. - Huawei has invested a total of 1.249 trillion yuan in R&D over the past decade, with nearly 180 billion yuan spent in the last year alone, representing over 20.8% of its revenue [1]. - The HarmonyOS ecosystem has seen over 30 updates and the addition of more than 200 new features, with an average of 720 million app downloads or updates daily [1]. Group 2: Developer Engagement and Ecosystem Growth - Developers are increasingly migrating applications from the Android ecosystem to HarmonyOS, which is essential for establishing HarmonyOS as a viable alternative to existing mobile operating systems [3]. - Major applications such as WeChat and QQ are rapidly iterating on their HarmonyOS versions, enhancing user acceptance of the new system [3]. - The cross-device capabilities of HarmonyOS are attracting developers to explore new opportunities beyond mobile applications, particularly in the wearable device market [5]. Group 3: Market Position and Future Outlook - According to IDC, the global wearable device market saw shipments of 45.57 million units in Q1 2023, with a 10.5% year-on-year growth, and Huawei is projected to become the leading brand in the global wrist-worn device market by Q1 2025 [5]. - The new WATCH series is expected to facilitate Huawei's entry into the mid-to-high-end market segment, leveraging the synergistic effects of the HarmonyOS ecosystem [5]. - The long-term success of HarmonyOS will depend on the active participation of developers and the ability to convert hardware advantages into ecosystem momentum [6].