The Time Magazine recently published a blog revealing the top and some of the best inventions of 2024. Among various products, the Huawei Mate XT is shelved in the Consumer Electronics category and won the Best Inventions of 2024 award.

It further wrote a small blog on the world’s first tri-fold handset. The blog describes the key specs, a few major configurations, and the trendy look of the device.

“In September, Chinese smartphone maker Huawei one-upped its global competitors, becoming the first company to bring a triple-screen foldable phone to market. The Mate XT Ultimate Design… boasts an eye-popping 10.2-inch display when fully unfolded into a tablet-like landscape configuration.”

Mate XT falls in the top 3 “most innovative consumer electronic products of 2024”. It has a dual-hinge technology, Z form factor, and interesting features that ultimately raised the pre-order units by 6 million.

Apart from Huawei Mate XT, the Magic V3 also received the 2024 Best Inventions award for being the slimmest foldable. You can check other products HERE.

The Best Inventions of 2024 list by Time Magazine (Image Credits: TIME)

Specifications

Huawei Mate XT features a 10.2-inch huge OLED screen with a 1440Hz high-frequency PWM dimming, a touch sampling rate of 240Hz, 1.07 billion colors, and a P3 wide color gamut. It comes with HarmonyOS 4.2 out of the box.

The tri-fold has 16GB RAM paired with three storage options: 256GB, 512GB, and 1TB. It has a triple-camera setup with a 50MP primary lens, a 12MP ultra-wide shooter, and a 12MP periscope lens. The front side holds an 8MP selfie lens.

Other parameters include a 5600mAh battery, 66W superfast charging, 50W wireless charging, satellite SMS and calling features, AI photo-editing tools, and more.

Huawei Mate XT tri-fold won the Best Inventions of 2024 award (Image Credits: TIME Magazine)

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The company published the Q3 2024 financial report. It shows Huawei’s overall sales and profit journey over the past nine months. While the tech giant has scored well in the sales section, it has significantly dropped in net profit this time.

Huawei sales jumped 16% (YoY) to $23.7 billion (168.4 billion yuan) in September 2024. The total revenue in the first three quarters is 585.9 billion yuan.

Last year, the company made a sales revenue of 452.3 billion yuan, in the same period. This time, Huawei grew by 29.5% achieving big success in sales.

Although the company’s net profit has slightly declined compared to 2023. Huawei has posted a drop of 13.7% in 9-month net profit. The tech giant has earned 62.87 billion yuan ($8.83 billion) in the first three quarters of 2024. Whereas, last year’s profit was 72.89 billion yuan ($10.23 billion).

The company shared its financial report via the Shanghai Clearing House website. It hasn’t revealed the breakdown of its sales hike or net profit drop. Yet the figure shows that Huawei has to work more to fight against its rivals in the market.

Huawei reports sales jump of 16% in first three quarters this year (Image Credits: Bloomberg)

A recent report by IDC highlighted a 42% shipment growth of Huawei’s smartphones. Meanwhile, the demand for Ascend AI chips is gradually increasing in China as an alternative to Nvidia processors. The tech maker is also expanding its smart car solution business with advanced techs and more partners.

These seem some of the reasons behind Huawei sales growth of 16% in the first three quarters. Speaking of R&D investment, the company has raised the R&D expenses to 127.412 billion yuan. It is a year-on-year increase of 10.80% and accounts for 21.75% of the revenue. The only lag is net profit with a 13.2% margin.

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The HarmonyOS Intelligent Driving unit has announced that the Huawei Luxeed R7 surpassed 30000 orders in just 33 days of launch. It shared a poster with caption:

“HarmonyOS Intelligent’s first Coupe SUV #LuxeedR7# has received over 30,000 orders in 33 days since its launch! It is selling like hotcakes as soon as it launched, and its strength speaks for itself!”

Luxeed R7 crossed 6000 orders in just 24 hours of its launch. The mark reached 20000 within two weeks. Now the electric sedan has achieved a new milestone.

The poster further describes that users can order the Luxeed R7 series and enjoy a discount of 35000 yuan under the first sale benefits. However, you need to hurry up as this advantageous deal will remain live till October 31 at 23:59.

Huawei Luxeed R7 surpassed 30000 orders within 33 days of launch (Image Credits: Huawei)

R7 comes with a large coupe design and measures 4956 x 1981 x 1634mm with a wheelbase of 2950mm. It supports the 192-line LiDAR solution by Huawei, on the roof and the ADS 3.0 driving assistance solution for an efficient driving experience.

Other features in the smart car include a double-wishbone front, a multi-link rear suspension, and energy recuperation systems to reduce brake usage. You can visit the Huawei Mall to order the new sedan at an amazing and limited-time deal.

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Watch GT 5 series launched on September 19 in global markets. It is the first wearable lineup to pre-install HarmonyOS 5.0 and its exciting, useful capabilities.

Now the company is enhancing the smartwatch with the latest update. According to the changelog, Huawei Watch GT 5 Pro is getting the October 2024 firmware with the HarmonyOS 5.0.0.101 version and a package size of 21.20 Megabytes.

The changelog doesn’t feature any major changes and improvements, like the last rollout. Although it optimizes the system stability of the wearable in certain situations.

It means the Huawei Watch GT 5 Pro users will observe more fluency as well as responsiveness while operating the device. They may also witness performance optimizations and better reliability while using the watch under typical usage.

• Optimizes the system’s stability in certain situations.

Huawei Watch GT 5 Pro gets October 2024 improvements update (Image Credits: HuaweiBlog)

The newest update is rolling out in batches in the global market and may take some time to cover all the units. Although you can check the Huawei Health app for the latest wearable firmware and install the manually.

Previous Rollout

The previous update for the Huawei Watch GT 5 series unlocked some new features and improvements. It brought a new crescent window to show live info about certain applications and smartphone details. All you have to do is, raise your wrist.

Other changes included a new RouteDraw mode and a calculator app for the wearable. You can learn more details about the last software version HERE.

Huawei Watch GT 5 Pro (Image Credits: Huawei/X)

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The Chinese smartphone market report by Canalys shows that Huawei has sold 10.8 million units in Q3 2024. It obtained the second spot with a 16% market share.

Last year (same period), the company shipped 8.7 million smartphone units, capturing 13% of the market share. This time, Huawei earned a hike of 2.1 million units.

These achievements ultimately raised the company’s annual growth rate by 24%. According to the report, Huawei’s overall progress has been driven mainly by an active channel strategy to support its newly launched flagship products.

Canalys further notes that the world’s first triple foldable – Mate XT has also contributed to the company’s smartphone sales revenue. The tri-fold resulted in huge excitement among consumers for the upcoming Mate 70 lineup.

One of the Canalys Research Analysts – Lucas Zhong says:

“Huawei’s Mate XT Ultimate, released in September, sparked discussions about tri-fold, driving attention to its coming Mate series.”

Lucas adds that Huawei, Honor, and other Chinese tech makers have now entered the AI phase with smarter features. These additions aim to enhance user experiences.

Q3 2024 Chinese smartphone market report (Image Credits: Canalys)

Apart from Huawei, vivo remains at the top with a shipment of 13 million units. Honor ranked third and sold 10.3 million phones but declined from the last year’s figure. Xiaomi is in fourth place and sold 10.2 million units, achieving a 15% market share.

Apple is standing in fifth position with 10 million unit shipments and has obtained 14% of the market share. But the annual progress dropped by 6%. Good news is iPhone 16 series is performing well in the Chinese market despite AI-less features.

The overall Chinese smartphone market in Q3 2024 has sold 69.1 million units, an increase of 4% YoY. The respective sector is in its most active period of the year and may show new increments in the next quarter of 2024.

Q3 2024 Chinese smartphone market report (Image Credits: Canalys)

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U.S. authorities are probing TSMC these days as TechInsights found a key component made by the Taiwanese firm in the Huawei processor. Read the story HERE.

This led to major discussion among U.S. lawmakers and congressmen for “security concerns”. They even ordered TSMC to respond on this matter at the earliest.

Amid the investigation, some analysts said that the long-term U.S. sanctions seemingly have loopholes for the Huawei chip tech. It didn’t affect the company rather helped it to become independent in advanced semiconductor manufacturing.

One of these analysts is Arisa Liu, the Director of the Taiwan Institute of Economic Research. She says:

“US long-term sanctions on China’s semiconductor sector have proven to be porous.”

TSMC said that it hasn’t shipped any chips to Huawei since September 2020. Huawei also added that the company hasn’t developed any chips via TSMC after the U.S. sanctions. Hence, the confusion on how a TSMC SoC made its way to Huawei persists.

Long-term U.S. sanctions on Huawei chip tech proved porous: Analysts (Image Credits: TSMC)

However, the current scenario hints that the strict U.S. restrictions as well as trade rules aren’t affecting much to Chinese companies. Following such converse, the U.S. authorities may increase the trade export controls on China in the future.

Huawei is constantly improving its chips using native technologies. The company has said that its Ascend 910B chip is doing great and can draw level with the Nvidia A100. Ascend 910C is also in the pipeline and will soon join the processor series.

It would be worth seeing how this ongoing investigation on TSMC and China’s chipset growth will proceed in the coming days.

Huawei silently testing Ascend 910C AI chip to rival Nvidia: Report

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IDC report shows that Huawei surpassed Apple in the Chinese smartphone sales ranking for Q3 2024. The analysis also counts some other tech giants with their progress and falls in the Chinese consumer market for the third quarter of this year.

Apple and Huawei made their way into the top five rankers list. The former grabbed second spot whereas the latter ranked third. Despite a rank ahead, Apple’s yearly iPhone sales dropped to 0.3%, achieving 15.6% of the market share in Q3 2023.

Huawei achieved third place in Q3 2024 with a market share of 15.3%. It’s just 0.3% less than that of Apple and increased by 4.3% from the last year (same period).

Regarding progress, the company excelled in the Q3 2024 Chinese phone sales ranking with 42.0% YoY. It’s the largest figure among all the top 5 rankers. This is the fourth consecutive quarter that Huawei continued to progress with double-digit sales.

Huawei’s growth over Apple is the result of booming sales of the Mate 60 and Pura 70 series. Both flagship lineups have been shining like stars in the Chinese smartphone market since their launch. You can check Pura 70 shipment details HERE.

Q3 2024 Chinese smartphone sales report (Image Credits: IDC)

On the flip side, the Chinese authorities and firms constantly prohibited the use of iPhones in the country. This step affected the sales of the iPhone in the market.

Apple unveiled iPhone 16 models in September but the shine of this series also faded, following Huawei’s tri-fold phone. It looks like the Chinese OEM continues creating problems for the iPhone maker in every possible way it can.

Speaking of other rankers, Vivo caught the first place with 18.6% market share and 21.5% YoY growth. Xiaomi is in fourth place with a 14.8% market share and 12.8% YoY progress. Honor is last with 14.6% shares but a lag of 22.5% YoY annual growth.

Together, these rankers boosted Chinese smartphone shipments by 3.2% YoY (68.8 million units in the third quarter of this year). Arthur Guo, the senior research analyst at IDC China says:

“A significant wave of device upgrades is propelling the sustained recovery of the Chinese smartphone market. Despite ongoing challenges, consumers are highly motivated to purchase new smartphones after three years of pent-up demand.”

Q3 2024 Chinese smartphone sales report (Image Credits: IDC)

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Last month, Huawei introduced the MatePad 12 X in the global market. The tablet launched as a rebranded version of the MatePad Air 2024 and bears a PaperMatte display solution to provide a safe and super-effective visual experience to users.

Now the company is bringing the first update for the Huawei MatePad 12 X. The firmware is rolling out with the HarmonyOS 4.2.0.126 version. It also has a package of 750MB. It is better to use a stable Wi-Fi connection for installation.

The changelog is divided into three parts. The first part improves the system and third-party apps. As a result, users will observe more responsiveness and faster task completion on apps. The second part treats the system’s stability aspects.

It optimizes the device’s functioning and ensures fluency in every operation. Finally, the MatePad 12 X users will find the September 2024 security patch that will target anonymous bugs and fix them, offering a more reliable experience.

Huawei MatePad 12 X gets first update with system improvements (Image Credits: HuaweiAilesi)

The update is rolling out in Europe and will soon reach other parts of the world. You can try downloading the update manually via Settings > System & Updates > Software Updates. Make sure to have sufficient storage and battery levels in your tablet.

MatePad 11.5 2024: Coming soon!

Huawei could unveil a new tablet soon named “MatePad 11.5 2024”. The device has started surfacing on the leaks platform. It will likely bring major internal changes over its predecessors. Though the appearance and price could be the same.

• Read More: Huawei may unveil a new MatePad 11.5 2024 tablet on October 30

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U.S. authorities began probing TSMC a few days ago as they suspected the firm of chip dealings for Huawei devices. Although the company claimed that it isn’t a part of such transactions and assured to take action to comply with the trade regulations.

Now the Taiwanese chip producer found a major loophole in this topic. As per a new report, TSMC notified the US about its chip parts being used in one of the Huawei AI processors. The company found details after a quick teardown by TechInsights.

TechInsights dismantled the Ascend 910B AI chip. During exploration, the research team found an advanced TSMC SoC within a multi-chip system of the processor.

The research firm informed TSMC about the new findings before sharing them publicly. Hereafter, the Taiwanese company brought the concern to the US.

During the investigation, TSMC uttered that it hadn’t shipped any chips to Huawei since mid-September 2020. Thus, the finding hints at the stocked components.

“We are not aware of TSMC being the subject of any investigation at this time. We maintain a robust and comprehensive export system for monitoring and ensuring compliance.” – said TSMC.

Huawei earlier stated that it doesn’t build chips through TSMC after the US ban. Following the trade sanctions in 2019, the company was unable to access or export any products to foreign countries, if made by the U.S. advanced technologies.

Sources mentioned that Huawei launched its Ascend 910B in August 2019, before the sanctions. At that time, the chip used to be produced under the TSMC foundry.

Financial Times added that TSMC further informed the U.S. about a new customer placing orders for Huawei Ascend 910B chips. It interrogated the customer for orders but didn’t get any significant details on this matter.

The ongoing investigation will probably continue to get more turning points as it proceeds. It would be worth seeing how far the U.S. will probe firms for helping Huawei.

TSMC notified US about its chip used in Huawei devices (Image Credits: TSMC)

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The company has shared some insights on this development saying that its partners started these app development on September 25, 2023, and the number continues to grow as of October 2024.

Yu Chengdong, Chairman of Huawei Consumer Business Group has made this announcement official with a giant presentation of all of the app icons including during HarmonyOS NEXT unveiling.

These new numbers are important for Huawei’s growth in smart operating systems. It has been working with these developers for the past four years and finally set a feat to compete against Android.

Huawei reveals 15,000 native HarmonyOS apps (Source – Huawei)

These native apps are exclusively developed for HarmonyOS. Huawei said the new HarmonyOS NEXT comes with fluency and operational performance improvements.

These new upgrades will appear during app interactions and smoothen the overall experience. Speaking of which, Huawei has made some fresh changes in the UI, which will also enhance the app’s graphical appearance and animations and adapt them to different platforms including smartphones, tablets, smartwatches, and more.

At the Huawei Developer Conference 2024, the tech maker announced that HarmonyOS native apps have entered a final phase of development. All of the top 5000 apps have turned into the native HarmonyOS ecosystem.

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