Huawei sells 1.6 million Mate 60 series cell phones in six weeks, research firm says – 10/24/2023 at 06:48

2023-10-24 04:48:01

(Corrects the title and first paragraph of the October 19 article to indicate that 1.6 million Mate 60 series phones have been sold, not just Mate 60 Pro phones, and clarifies that the Mate 60 Pro represents almost three quarters of this figure in paragraph 3)

Huawei Technologies

HWT.UL has sold 1.6 million Mate 60 series handsets in six weeks, according to a research firm, as the Chinese tech giant defies the smartphone slowdown and benefits from strong demand amid the renaissance of its high-end smartphones.

Of these sales, more than 400,000 units were made over the past two weeks, a period during which Apple

AAPL.O has launched the iPhone 15 on the continent, Counterpoint Research said.

The high-end Mate 60 Pro model accounted for almost three-quarters of Mate series phones sold, according to Counterpoint.

In the first 17 days, sales of the iPhone 15 were down 4.5% compared to the iPhone 14, Counterpoint said, without providing specific figures.

Huawei did not immediately respond to a request for comment.

Huawei surprisingly launched its high-end Mate 60 Pro phone at the end of August, which many analysts say uses a domestically manufactured chip and marks a step forward from technology sanctions imposed by the United States in business for years.

The phone has been in high demand, with available inventory quickly snapped up as soon as it arrives, “creating the appearance of perpetual unavailability,” said Ivan Lam, senior analyst at Counterpoint.

The global smartphone market contracted 8% () to a decade-low in the third quarter, due to weak demand for major brands.

Huawei, its former unit Honor and Transsion Group were the only brands to report year-over-year growth during this period.

In China, smartphone shipments in August remained largely stable, increasing 0.03% year-on-year to 18.99 million devices, according to the China Academy of Information and Communications (CAICT). ).

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