Core Viewpoint - Huawei has solidified its position as the leader in the foldable smartphone market with the launch of the new Huawei Mate XTs, featuring the Kirin 9020 processor and a price reduction, enhancing its market competitiveness [2][3]. Group 1: Product Launch and Features - Huawei introduced the new generation of its foldable smartphone, the Mate XTs, at a recent event, showcasing the Kirin 9020 processor for the first time in four years [2]. - The Mate XTs features the HarmonyOS 5.1, achieving a 36% performance improvement through system-level optimizations and cloud collaboration [2]. - The device integrates PC-level applications, enhancing productivity across various fields such as finance and design, marking a significant evolution in the foldable smartphone ecosystem [2]. Group 2: Market Position and Sales - The starting price of the Mate XTs is set at 17,999 yuan, which is 2,000 yuan lower than its predecessor, making it more accessible and likely to expand market reach [3]. - Huawei captured 75% of the foldable smartphone market share in the first half of the year, with 3.74 million units shipped, indicating a dominant market presence [3][6]. - The company has released over ten foldable smartphone models, establishing a comprehensive product line that includes various folding mechanisms [3]. Group 3: Competitive Landscape - The foldable smartphone market is expected to become more competitive, with Apple planning to release its first foldable device next year and Samsung also entering the three-fold category [4]. - Huawei's focus on foldable technology is seen as a strategic move to regain lost market share while maintaining its high-end market advantage [5]. Group 4: Future Projections - IDC forecasts that global foldable smartphone shipments will reach approximately 19.83 million units by 2025, with a compound annual growth rate of 7.8% expected through 2029 [6]. - Huawei's return to the top of the Chinese smartphone market, with an 18.1% share in Q2 2025, marks a significant milestone after four years [8].

Core Viewpoint - Huawei's Kirin chips have officially returned with the launch of the Mate XTs Ultimate Design foldable phone, featuring the new Kirin 9020 processor, marking the first mention of Kirin chips in a product launch since 2021 [3] Group 1: Product Launch and Technology - The Kirin 9020 processor is a significant highlight of the new foldable phone, showcasing Huawei's return to the chip market after a four-year hiatus [3] - The Kirin 9020 is expected to utilize a 7nm process node, with ongoing improvements to enhance performance beyond this node [3] - The new processor is paired with the HarmonOS 5 operating system, offering a 36% performance increase compared to the previous generation Kirin chips [3] Group 2: Market Position and Growth - Counterpoint Research predicts that Huawei's semiconductor division, HiSilicon, will see a 100% revenue growth in 2024, driven by the success of the Pura 70 and Mate 70 smartphones [4] - HiSilicon's market share in the global high-end Android smartphone chip market is expected to rise from 8% in 2023 to 12% in 2024, while Qualcomm maintains a leading position with 59% [4] - The resurgence of HiSilicon is attributed to the Kirin processors used in high-end models like Mate 60, Pura 70, and Mate 70 [4] Group 3: Challenges and Strategic Direction - Huawei's devices lack Google Mobile Services, which continues to impact its international influence and limits HiSilicon's potential global market share [5] - The company is pursuing a self-sufficiency strategy in technology, aiming to reduce reliance on foreign technology amid increasing international restrictions [5] - HiSilicon's revenue has doubled, demonstrating resilience against external challenges, but sustaining this growth will require innovation beyond smartphones [5]

Group 1 - Huawei has officially launched the Mate XTs, a three-fold screen smartphone, featuring the Kirin 9020 chip and HarmonyOS 5, marking the return of Kirin chips after four years [1][3][5] - The Mate XTs offers a 36% overall performance improvement due to the new chip [5] - The device supports the installation of PC version office software, enabling multi-window functionality similar to a computer, and includes a stylus for annotations and screen capture [6] Group 2 - The Mate XTs is the first smartphone to integrate financial software for real-time market analysis, enhancing investment decision-making capabilities [8] - The device connects to 15,000 earthquake observation stations across China, improving earthquake warning capabilities by 2.5 times [8] - The global foldable smartphone market is becoming increasingly competitive, with Apple planning to release its first foldable iPhone in 2026 and a foldable iPad in 2028 [8][9] Group 3 - Analyst Ming-Chi Kuo predicts that the foldable iPhone will have shipments of 8 to 10 million units in 2026, increasing to 25 million units in 2027 [9] - IDC forecasts that global shipments of foldable smartphones will reach approximately 19.83 million units by 2025, with a year-on-year growth of about 6% [9] - Domestic brands are expanding the foldable smartphone market by competing on price and features, transitioning foldable devices from luxury items to mainstream consumer products [9]

Core Points - Huawei launched new products including the Mate XTs foldable phone, Mate TV with HarmonyOS 5.1, and MatePad Mini [1][4] - The Mate XTs features a 10.2-inch 3K display, advanced hinge system, and various communication capabilities [1][3] - The Kirin 9020 processor in Mate XTs enhances performance by 36% and offers the fastest communication speeds [3][5] Product Details - The Mate XTs is the first foldable phone to come pre-installed with HarmonyOS 5.1, supporting various PC applications for enhanced productivity [4][5] - The camera system includes a 4000MP ultra-wide lens and a 1200MP periscope lens, with AI video noise reduction capabilities [5] - The battery capacity remains at 5600mAh, but the battery life has improved by 1 hour, with fast charging options available [5] Pricing and Market Performance - The starting price for Mate XTs is 17,999 yuan, which is 2,000 yuan lower than the previous model [5] - The first-generation Mate XT has nearly 500,000 units shipped, potentially generating over 10 billion yuan in sales [5][12] - Huawei's new Mate TV features significant performance improvements over its predecessor, with a starting price of 8,999 yuan [8][10] Market Position - In the tablet market, Huawei holds a 28% share, leading with a 24% year-on-year growth [12]

Core Viewpoint - Huawei is set to launch its new Mate XTs foldable smartphone on September 4, 2023, marking its second three-fold device in the market [1][3]. Industry Overview - The foldable smartphone market has rapidly evolved from niche high-end products to a broader consumer market, with overall positive growth trends despite some fluctuations [3]. - The upcoming Huawei Mate XTs is expected to feature the new Kirin 9020 processor, support for Tiantong satellite communication, and integration with the Harmony operating system, enhancing user experience [3]. - Huawei has established a diverse product lineup in the foldable screen sector, including dual-fold, triple-fold, and wide-fold designs, solidifying its significant market position through continuous technological innovation [3]. Market Data - According to IDC, the total shipment volume of foldable smartphones in China is projected to grow by 12.6% year-on-year in the first half of 2025, with Huawei achieving a historic market share of 75% and surpassing 10 million units shipped [4]. - The foldable smartphone industry is innovating in two main directions: the development of new forms like triple-fold and wide-fold devices, and increased focus on software innovation and ecosystem integration [6]. - After several years of rapid growth, the growth rate of the Chinese foldable smartphone market has noticeably slowed, with a projected shipment of approximately 9.17 million units in 2024, reflecting a year-on-year increase of 30.8% [6]. - The fourth quarter of 2024 is expected to see a decline in shipments for the first time in nine quarters, with a 9.6% year-on-year decrease [6]. Competitive Landscape - Market strategies among smartphone manufacturers are diverging, with OPPO and Vivo halting production of small foldable devices while maintaining larger models to uphold their premium brand positioning [6]. - In contrast, Huawei and Honor are continuing to invest in foldable technology, with Honor recently launching a new small foldable smartphone [6]. - Apple is anticipated to enter the foldable smartphone market in the second half of 2026, which could significantly boost market demand through improvements in form, function, and durability [7].