SOURCE / ECONOMY
Return to dual flagship launch shows Huawei’s resilience amid US crackdown
Published: Jun 29, 2023 04:37 PM
Huawei Photo: VCG

Huawei Photo: VCG

At the opening of MWC Shanghai 2023 on Wednesday, Meng Wanzhou, Huawei's rotating chairwoman and CFO, said that 5G development is at a tipping point. It is expected that there will be 5 billion 5G connections worldwide by 2030.

Huawei is planning on launching the new generation of Mate series flagship smartphones. The company's Mate 60 series launch could be right around the corner as supply chain begins production, the China Securities Journal reported on Sunday.

The release of new Huawei phones has been affected by US tech restrictions. However, Huawei released the Mate 50 last year and the P60 this spring. If the Mate 60 is released as scheduled in the second half of the year, it means that the Chinese manufacturing and communications giant will have returned to its usual dual flagship release within a year. 

The return to the dual-flagship release is a clear signal of the return of Huawei. This proves that despite the US relentless crackdown, Huawei will not be defeated. 

First and foremost, Huawei has never harmed the security of any other countries. The arbitrary crackdown by the US and some of its allies on Huawei has breached the principles of the market economy, free trade and fair competition.

The eagerness the US government has shown in strangling Huawei by cutting off it from all American tech components is unusual and surprising. However, the US crackdown has been proved a failure as the company has shown signals of returning to normalcy in terms of new product releases.

Huawei's hard-won recovery has been strongly supported by the resilience of China's manufacturing industry. In early June, it was reported that Huawei has raised its mobile phone shipments target in 2023 to 40 million units, an increase of 10 million units from the target originally set at the beginning of the year. According to market research firm Omdia, Huawei shipped 28 million mobile phones in 2022.

Raising the target for the year means that Huawei has confidence in the company's mobile phone shipments. From March to April, Huawei launched three mobile phones in a row, including the P60 high-end flagship phone, the Mate X3 folding screen mobile phone, and the nova11 mobile phone. Industry insiders believe that the rhythm of Huawei's new product releases will return to normal this year.

Huawei's resilience is not limited to the smartphone sector. It is also ramping up efforts in new areas such as 5G cloud services and low-carbon energy, and its 5G technology is applied in different scenarios including smart cars. As Huawei moves forward in these sectors, its outlook remains positive.

Huawei expects global spending on digital transformation will reach $3.41 trillion in 2026, and a wide range of industries, such as manufacturing, retail and healthcare will embrace digital technologies to upgrade their operations. Huawei said it will keep investing in areas like connectivity, computing, storage and cloud services to help accelerate the transition.

Although Huawei has been sanctioned by the US for many years, Huawei's patents in 5G technology have given it unique development advantages, whether it is mobile phone devices or network construction. Huawei's status in the global network cannot be stripped away by US sanctions.

While Huawei is overcoming the impact of US suppression in the mobile phone industry, it is optimistic about the new opportunities brought by its new business ventures. It is an inevitable trend for Huawei to continue its technological breakthroughs and expansion into the global markets despite US crackdown.

The author is a reporter with the Global Times. bizopinion@globaltimes.com.cn