The electrifying release of the 5G Mate 60 series leaves a major impact on Huawei’s bottom line،
The introduction of the Mate 60 series with its 5G chipset shocked the smartphone world
The chip was reportedly made by China’s largest foundry, SMIC, which is limited to previous generation lithography equipment. Yet, using tools obtained from other companies, SMIC used its deep ultraviolet lithography machine and was able to provide Huawei with the 5G chips that its previous flagship phones were unable to use. Both the Mate 50 series from 2022 and the P60 lineup from earlier this year were powered by the Snapdragon 8+ Gen 1 SoC. Huawei has received a license to purchase the older but still powerful chip, as it has been modified to do not support 5G signals.
![The Huawei Mate 60 Pro – The electrifying release of the 5G Mate 60 series has a major impact on Huawei's bottom line](https://wikidollar.net/wp-content/uploads/2023/10/The-electrifying-release-of-the-5G-Mate-60-series-leaves.jpg)
The Huawei Mate 60 Pro
But thanks to the Mate 60 series and the Kirin 9000 AP, Huawei has sent a burst of electricity to the Chinese smartphone market, which is the largest smartphone market in the world ahead of India and the United States. This led Huawei to announce that its third-quarter profits soared 118% during the period to 26.4 billion yuan ($3.6 billion) despite a slight rise in sales to 145.7 billion. yuan. Being able to use your own tokens will greatly improve your profit margin.
Huawei’s phones are creating buzz among Chinese consumers, but the company still struggles to regain its status in China
In a statement, Huawei said: “We continue to optimize our management systems, improve the efficiency and quality of our operations, and refine our sales strategy and product mix. These actions had a very positive impact on our profit margin. »