Huawei confirms lead in foldable phones with over 20 million units shipped

Huawei has surpassed 20 million cumulative shipments of its foldable smartphones worldwide, solidifying its dominant position in the rapidly expanding foldable device market. In the first half of 2026, the company captured over 70% of the foldable phone market share.

This significant achievement in foldable technology coincides with Huawei's registration of a new trademark, "Xingmang." While details are scarce, the trademark application covers various categories, including mobile phones and computers, suggesting potential new product lines or sub-brands.

Reports also indicate a broader comeback strategy for Huawei, potentially including new "Enjoy 100" series smartphones, an "Air" product line (possibly for wearables like "WATCH Air"), and new Kirin chipsets. These developments aim to strengthen Huawei's competitive standing across multiple market segments.

In the automotive sector, JAC Motors has denied rumors that it would produce a ultra-luxury SUV for Seres. Meanwhile, regulatory changes concerning hidden door handles in vehicles are being closely watched, with potential implications for manufacturers.

Elsewhere, e-commerce giants Tmall and JD.com are set to launch their respective "Double 11" shopping festival campaigns on similar dates, intensifying competition. Apple's former CEO, Tim Cook, continues his visit to China, engaging with local partners and teams, while the Nobel Prize in Economic Sciences has been awarded to two economists for their work on macroeconomic stabilization policy.