Huawei flagship store surge in China signals showdown with Apple

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Huawei flagship store surge in China signals showdown with Apple
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Tentative trial dates set for four teens charged with murder | SaltWire #newsupdate #halifax #courtHONG KONG - Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone's throw away from Apple shops, as it seeks to retake the premium electronics throne in the world's biggest smartphone market.

Apple has 47 stores in mainland China. Huawei, which did not open a flagship store until 2019, now has 11 of them. Huawei has since developed its own chips, introduced highly popular 5G-capable products and, according to sources, has started aggressively recruiting dealers in recent months. More than 5,200 stores licensed to sell Huawei products sprang up through the first 10 months of 2023, with more than half of them in third and fourth-tier cities, according to market research firm GeoQ, helping Huawei expand its army of distribution partners nationwide.

Its latest Pura 70 Ultra smartphone, for example, starts at 9,999 yuan , matching the price tag of the iPhone 15 Pro Max, while Samsung and Xiaomi are keeping prices for their premium models lower amid soft market demand.

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