Huawei targets global comeback with Mate 80 Pro smartphone and a new smartwatch, SCMP reports
Newsquawk Staff ·
Huawei targets global comeback with Mate 80 Pro smartphone and a new smartwatch, SCMP reports.
What it means
Huawei's announcement of the Mate 80 Pro smartphone and a new smartwatch indicates a strategic move to regain market share globally. The impact on its competitors, particularly in the tech and consumer electronics sectors, could be significant, especially if these products offer innovative features that attract consumers amidst ongoing geopolitical tensions.
Sources
- Genmab (GMAB/GMAB DC) announced positive topline results from the global Phase 3 LiGeR-HN1 trial evaluating petosemtamab
- Eli Lilly’s (LLY) retatrutide delivered greater A1C reduction and more than double the weight loss of Novo Nordisk’s (NOVOB DC) Ozempic at its highest approved dose in head-to-head trial
- TPG pursues USD 5bln acquisition of UK data centre group Ark, according to FT
- Syngenta targets at least a USD 66bln valuation in Hong Kong IPO
- HP (HPQ), Asus (2357 TT) and Acer (2353 TT) are shifting some PC production from Thailand and Vietnam back to China to combat soaring component costs driven by AI-related memory and storage shortages, reports Nikkei citing sources
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