Core Insights - Huawei has launched its new foldable smartphone, Mate XTs, which is the first to come pre-installed with HarmonyOS 5.1, starting at a price of 17,999 yuan [1] - According to IDC, Huawei has achieved a historical high in the foldable smartphone market, with a shipment of 3.74 million units, capturing 75% of the market share in the first half of 2025, and becoming the first Chinese brand to exceed 10 million cumulative shipments since its first foldable phone release in 2019 [3][4] Product and Technology - The Mate XTs is powered by the Kirin 9020 chip, featuring a 36% overall performance improvement due to system-level optimizations and soft-hard cloud collaboration [4] - The number of devices running HarmonyOS 5 has surpassed 14 million, indicating a growing ecosystem [4] Supply Chain and Partnerships - Lens Technology (蓝思科技) is involved in supplying precision structural components for Huawei's Mate XTs [5] Ecosystem Development - The launch of the Mate XTs represents an upgrade in Huawei's high-end product line and reinforces the HarmonyOS ecosystem, showcasing the combination of large-screen interaction, cross-device collaboration, and AI capabilities [6] - The HarmonyOS 5 provides adaptive layouts, system-level AI, and cross-device connectivity, forming the foundation for productivity experiences on the new foldable phone [7] - Significant progress has been made in the HarmonyOS ecosystem, with major internet applications adapting to the system and a wide range of SDKs available for developers, enhancing application development efficiency [7] Market Trends - The foldable smartphone market has seen a diversification in designs, with the introduction of new forms such as tri-fold and wide-fold devices, revitalizing the market [8] - The first tri-fold product has performed exceptionally well, nearing 500,000 units shipped in the first half of the year, setting a benchmark in the high-end foldable market [8]

Core Insights - Huawei held a product launch event on June 11, introducing the Pura80 series smartphones and the Huawei WATCH5 [1] - Over the past decade, Huawei has invested a total of 1,249 billion yuan in R&D, with nearly 180 billion yuan (179.7 billion yuan) spent in the last year alone [1] - The Pura80 series features significant upgrades in imaging capabilities, including a new eighth-generation ISP and a one-inch RYYB sensor [2][3] Group 1: Product Launch - The Pura80 series includes four models: Pura80, Pura80 Pro, Pura80 Pro+, and Pura80 Ultra [2] - The Pura80 series is equipped with HarmonyOS 5.1 and will support upgrades for other models starting July 2025 [3] Group 2: R&D Investment - Huawei allocated approximately 60 billion yuan to basic research and around 120 billion yuan to product development in the last year [1] - R&D expenses accounted for over 20.8% of Huawei's revenue last year, with a total of 150,000 valid global patents [1] Group 3: Pricing Information - The starting prices for the Pura80 series are as follows: Pura80 Pro at 6,499 yuan, Pura80 Pro+ at 7,999 yuan, and Pura80 Ultra at 9,999 yuan [4] - The Pura80 will be available for sale starting in July, with its price yet to be announced [4] Group 4: Huawei WATCH5 - The Huawei WATCH5 is the company's first Harmony AI smartwatch, featuring an enhanced AI voice assistant and the industry's first star flash technology for better device collaboration [6] - The starting prices for the WATCH5 are 2,699 yuan for the 42mm version and 2,799 yuan for the 46mm version [7]