Computer technology news: People in China have started buying a lot of smartphones in a hurry. Fear of lack of phones is working behind this. According to a report by the news agency Reuters, there is a rush to buy a smartphone made by Huawei, a Chinese technology company with Kirin chipset.
Computer technology news
Buyers fear that US sanctions will cut off premium handset production as Huawei will not be able to use US technology.
Phone sellers in Huaqianbei, the world’s largest electronics market in Shenzhen, said prices for Huawei’s new and older handsets have risen since last month. On average, the price of each phone has increased from 400 to 500 yuan.
Last January, Huawei’s Porsche Design Mate 30 flagship smartphone sold for 10,000 yuan. Now the price of this smartphone has increased to 14,000 yuan. However, the price of the phone has not increased much in the online marketplace Taobao.
A phone seller said there were concerns among buyers about the supply of new phone parts.
Production of premium handsets will be halted as Huawei will not be able to use US technology due to US sanctions.
Xiao, a smartphone vendor, said the reason for the rise in Huawei’s phones was supply and demand. If people like the brand, they will be willing to pay more for it. People know how good the chip is.
Last year, the US government banned US companies from doing business with Huawei. The United States has said that the world’s largest smartphone and mobile telecommunications equipment maker provided information to the Chinese government.
Huawei has always denied the allegations.
Last month, the United States tightened sanctions. Huawei also threatens TSMC for not getting chips from any organization.
Huawei has stopped production of Kirin chipsets since September 15, said Richard Yu, chief executive of Huawei’s consumer business. Because the United States has shut down important technology services with chip maker HighSilicon. High silicon relies on software from Cadence Design Systems Inc., a US-based company, and Synopsis Incorporation.
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Market wholesalers say they have been busy meeting online demand since last month. High-end phone prices go up within a few hours online. Now many are worried about how many phones are left to supply.
No inventory information has been released by Huawei. A Huawei official told Reuters the company would continue to supply products on demand.
Will Wong, an analyst at market research firm IDC, said they could have inventory in the first half of next year. For this, their option may be to bring a small amount of phone and hold the Kirin chip for a long time.
Last week, Huawei authorities said they were considering introducing the Harmony operating system to smartphones next year. This software will be an alternative to Android.
Canalys analyst said. Zia said operating system innovation would have been symbolic had it not been for the supply of chips to make high-end phones.