Huawei’s Supply and Mate 60 Pro Influence
In recent news, renowned analyst Ming-Chi Kuo from Tianfeng International has shed light on Huawei’s impressive revival in the smartphone market, with their flagship Mate 60 Pro leading the charge. According to Kuo’s latest insights, the Mate 60 Pro has witnessed a remarkable surge in demand since its launch on August 29th, 2023. This surge has led to a substantial increase in shipment estimates for the second half of 2023, reaching an impressive range of 5.5–6 million units.
Comparing this achievement to Huawei’s previous flagship models, it becomes evident that the Mate 60 Pro’s demand has surpassed all expectations. The 4G-supported Mate 50 Pro, launched in September 2022, achieved approximately 2.5 million units in cumulative shipments within its first year. The 5G-supported Mate 40 Pro, released in October 2020, reached around 6 million units within the same timeframe. Astonishingly, the Mate 60 Pro will achieve this level of success in just four months after its launch.
Looking ahead, Kuo predicts that the Mate 60 Pro‘s cumulative shipments will likely reach at least 12 million units within its first year on the market, signifying a remarkable milestone for Huawei.
This resurgence in Huawei’s smartphone business is expected to have a significant impact on the industry and stock market. Excluding potential non-commercial risks, Huawei’s smartphone shipments are projected to surge by approximately 65% Year-over-Year (YoY) in 2023, reaching an estimated 38 million units. This growth is primarily attributed to the immense demand and market influence of the Mate 60 Pro.
Taking a peek into 2024, Huawei’s smartphone shipments are anticipated to surpass 60 million units, solidifying its position as the world’s mobile phone brand with the most robust shipment growth momentum.
One key aspect of Huawei’s resurgence is its supply chain. Due to the staggering demand for the Mate 60 Pro, Huawei’s supply chain has become a focal point for stock markets. This supply chain can be categorized into four main components:
- Self-supporting semiconductor: Numerous beneficiary manufacturers in China are part of this category, including SMIC (foundry), Vanchip (L-PAMiD), SG Micro (power), Southchip Semiconductor (power), Maxic (wireless charging), and JCET (packaging & testing).
- Non-A-share semiconductor-related suppliers: This category includes companies like Win Semi (GaAs upstream and production), GlobalFoundries (SOI), and Murata (filter), which play crucial roles in Huawei’s supply chain.
- Huawei’s innovative specifications: Huawei has taken the lead in promoting satellite communications among Android brands, with HWA Create as a beneficiary, providing essential chip solutions.
- Optics: Huawei has actively upgraded its optical specifications, benefiting companies such as Largan Optical (lens), Sunny Optical (CCM), Will Semi (CIS), Smartsens (CIS), and Billu (VCM).
In conclusion, Huawei’s resurgence, driven by the Mate 60 Pro’s remarkable success, is reshaping the smartphone industry landscape. With the expected growth in shipments and a supply chain that is poised to thrive, Huawei is poised to make a significant impact on both the smartphone market and the stock market, cementing its place as a leading player in the mobile phone industry once more.
