Core Viewpoint - Huawei officially launched the Pura 80 series smartphones, which feature the HarmonyOS 5.1 operating system and enhanced AI visual recognition capabilities [1][2]. Product Launch - The Pura 80 series includes three models: Pura 80 Pro starting at 6499 yuan, Pura 80 Pro+ starting at 7999 yuan, and Pura 80 Ultra starting at 9999 yuan, with the standard Pura 80 set to launch in July [2]. - The Pura series represents a significant upgrade from the previous P series, with a focus on design and imaging capabilities, and the launch was delayed to June 2025 [2]. Market Impact - The introduction of AI smartphones is expected to stimulate demand for high-end smartphones, potentially increasing the average selling price (ASP) of smartphones [3]. - Counterpoint data indicates that the sales share of high-end smartphones priced at $600 and above in China is projected to rise to 28% of the overall market by 2024, with Huawei's market share in this segment increasing to 29% [3]. R&D Investment - Huawei's R&D expenditure reached approximately 1797 billion yuan in the past year, with 600 billion yuan allocated to basic research and 1200 billion yuan to product development, representing over 20.8% of its revenue [4]. - The company employs around 113,000 R&D staff, accounting for 54.1% of its total workforce, ensuring continuous product innovation and user experience enhancement [5]. Operating System Development - Huawei has been developing its operating system for over a decade, with the HarmonyOS officially launched in 2019, marking the introduction of the world's first all-scenario operating system [5]. - The HarmonyOS 6.0 upgrade is planned for October-November 2025, with expectations for the system to capture 3% of the total smartphone market share in China by 2025 [5].

Core Viewpoint - Huawei emphasizes the importance of long-term R&D investment, with nearly 180 billion yuan spent in the past year, highlighting its commitment to innovation and product development [3][6][8]. R&D Investment - Huawei's R&D investment reached approximately 179.7 billion yuan in the past year, accounting for over 20.8% of its revenue [3][6]. - Cumulatively, Huawei has invested 1.249 trillion yuan in R&D over the past decade, with 600 billion yuan allocated to basic research and 1.2 trillion yuan to product development [6][8]. - As of the end of 2024, Huawei employs around 113,000 R&D staff, making up 54.1% of its total workforce [7]. Product Launch - On June 11, Huawei launched the Pura 80 series, which includes the Pura 80 Pro, Pura 80 Pro+, and Pura 80 Ultra, with prices starting at 6,499 yuan, 7,999 yuan, and 9,999 yuan respectively [4][11][15]. - Prior to the launch, the Pura 80 series had garnered 284,000 reservations on Huawei's official store [5][12]. Product Features - The Pura 80 series smartphones come pre-installed with HarmonyOS 5.1 and feature upgraded AI capabilities, including visual recognition and personalized recommendations [4][14]. - The series boasts advanced imaging capabilities, utilizing an eighth-generation ISP and a one-inch RYYB sensor, resulting in significant improvements in data processing and AI enhancements [13][14]. Future Plans - Huawei plans to upgrade the HarmonyOS to version 6.0 between October and November 2025, indicating ongoing commitment to software development [9]. - The company aims to continue increasing its R&D investments across both hardware and software domains [9].