Latest news with #HarmonyOS
Yahoo
23-05-2025
- Business
- Yahoo
Global Times: Why China's economy so stable despite external challenges?
BEIJING, May 23, 2025 /PRNewswire/ -- "In April, China's economic data showed resilience despite intensifying external challenges, especially as the exports expanded rapidly. Why is the economy so stable amid external challenges?" This is a question that a reader of May 19, China released economic figures for April, with "stronger than expectations" emerging as the dominant reaction among analysts. Some foreign media outlets commented that the economy has "showed surprising resilience, a sign that government support measures may have cushioned the impact of a trade war with the US that threatens to derail momentum in the world's second-largest economy."Why is the Chinese economy so stable despite external challenges? The answer can be found from two internal dynamics Also on May 19, Chinese tech giant Huawei unveiled two laptops powered by HarmonyOS, marking the debut of its self-developed operating system on personal computers. A day later, another Chinese tech firm Xiaomi announced that its first self-developed 3-nanometer mobile chip, Xring O1, has entered mass form of containment or suppression can disrupt China's pace in achieving self-dependent innovation and growth. It is precisely such confidence and self-reliance that enabled the economy to deliver a result "exceeding expectations."In early April, the People's Daily reporters visited Yiwu, the world's largest wholesale market for small commodities in East China's Zhejiang Province, where store owners were busy building their brands and enhancing product from the mode of original equipment manufacturer to building their own brands, Yiwu brands unite for overseas expansion with Yiwu Selection January, the first Yiwu Selection Store was launched, and secured signed orders totaling 120 million yuan ($16.67 million) on the first day of its grand opening. Later in February, the first Yiwu Selection Store in Europe was opened in Venice, Italy. In just a few months, the project has helped more than 190 brands in Yiwu to increase revenue by over 100 million yuan and expand cooperation with 11 countries. Diversification shields them against unilateralist export-oriented manufacturers in Yiwu also proactively engage in innovation and extend their industrial chains to enhance their competitiveness. A Yiwu merchant encapsulated this sentiment well, "With quality products and extensive sales channels, we're unafraid of changes."It is precisely the internal momentum of numerous individual market entities that has contributed to the overall economic upward capacity elevated In April, China's total import and export of goods in yuan-denominated terms expanded 5.6 percent year-on-year, according to data released by the General Administration of Customs on May country's goods exports rose 9.3 percent year-on-year last month. In terms of export categories, technology-intensive mechanical and electrical products demonstrated sustained market competitiveness. In the first four months, exports of these goods grew by 9.5 percent the perspective of business entities, private export-oriented companies have effectively navigated external challenges through strategies like market diversification. During the same period, private sector imports and exports expanded by 6.8 percent a country's foreign trade does not exist in isolation. China's rapid export growth in April reflects the elevation of its overall capacity thanks to the high-quality economic instance, as an ultra-large economy, China has maintained its manufacturing dominance for 15 consecutive years, and boasts one of the world's largest consumer markets with great growth potential. These structural advantages underscore the country's strong capacity to deal with various risks and addition, China unswervingly promotes economic structural adjustment and shifting between old and new growth drivers, develops new quality productive forces according to local conditions, moves faster to create a new pattern of development, and vigorously strengthens domestic circulation to keep itself well-positioned for pursuing development. All of these efforts have provided critical guarantees for dealing with drastic changes in external policy support China has stepped up macroeconomic adjustments. A meeting of the Political Bureau of Communist Party of China (CPC) Central Committee held on September 26, 2024 decisively deployed a package of incremental policies, resulting in an economic trajectory characterized by high growth at the beginning, a slowdown in the mid-phase, and a rebound near the end of last key meetings including the Central Economic Work Conference held at the end of 2024, this year's two sessions and the meeting of the Political Bureau of CPC Central Committee held on April 25 have made arrangements on economic work. While maintaining policy continuity, these policies put efforts on stabilizing employment, business, market expectations, which have played an important role in sustaining economic authorities have rolled out policies such as interest rate and reserve requirement ratio cuts, accelerating the integration of domestic and foreign trade, and expanding comprehensive pilot programs to accelerate the services industry's opening-up. Along with the implementation of the new policies, China has conditions, capability and confidence to deal with any risks and economy's true strength is most evident during adversity, and this resilience further reinforces confidence and resolve in achieving growth institutions have upgraded their forecasts for China's economic growth recently. Many multinational executives now regard China as a synonym for "certainty."As always, China's economy grows in storms and waves, and gets stronger through hard times. While future international environments will remain volatile and uncertain, history has proven and will continue to prove that China's recovery is underpinned by solid fundamentals, policy support, consumption potential and innovation-driven have the confidence and determination that China's development will have a bright future. 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Time of India
22-05-2025
- Automotive
- Time of India
Exicom launches Harmony Direct 2.0 to strengthen EV charging infra
Exicom , a homegrown electric vehicle (EV) charging and power solutions provider, has introduced its next-generation DC fast charger-- Harmony Direct 2.0. The Harmony Direct 2.0 is aimed at addressing gaps in the country's EV infrastructure as India continues to move towards its broader electrification targets, the company said in a statement. The launch took place at a dedicated industry event held by the company in Gurugram. The new charging solution is built on Harmony OS , described by Exicom as India's first locally developed charger operating system. The system integrates charger-to-car-to-cloud communication and supports sensor-based diagnostics. It is also embedded with Harmony Connect, an AI-enabled tool that allows remote charger monitoring, aimed at reducing equipment downtime. Focus on operational control and fleet management 'Harmony Direct 2.0 is designed to offer improved control, customisation, and confidence in EV infrastructure,' said Anant Nahata, Managing Director and CEO, Exicom. 'This product reflects our understanding of global technology trends and local market needs.' Anshuman Divyanshu, CEO of the EVSE Business at Exicom, added that the product would support charge point and fleet operators in scaling operations more efficiently. 'Harmony Direct 2.0 is built to deliver operational intelligence and system efficiency,' he said. The charger includes features such as dynamic load sharing between plugs and management of reactive losses, which the company states will help lower energy costs. It also incorporates Harmony Net, a technology for real-time power sharing across multiple chargers, as well as multi-stack charging functionality to accommodate various charging logics. The unit includes an interface similar to that of a smartphone and a redesigned cable and connector system for easier use by individual drivers and fleet operators alike.
Business Insider
22-05-2025
- Automotive
- Business Insider
BMW and Mercedes outsold in China by an automaker you've never heard of
A Chinese electric vehicle brand has overtaken longtime market leaders BMW and Mercedes-Benz at the top of the world's biggest auto market. Aito, an EV brand launched by Seres Group and tech giant Huawei, topped China's high-end car sales last year with 151,000 units delivered — surpassing BMW's 145,000 and Mercedes-Benz's 127,000, according to data from Shanghai-based consultancy ThinkerCar. Aito's rise is largely due to the success of its flagship M9, a luxury SUV that went on sale in late 2023. The M9 quickly proved popular with Chinese drivers thanks to its tech-heavy features, including Huawei's HarmonyOS operating system, a triple-screen dashboard, and premium interior options. Seres, previously known for low-cost minivans under its DFSK Motor brand, repositioned itself with the Aito brand after forming a strategic partnership with Huawei in 2021. Since then, rapid growth has resulted. Vehicle sales tripled over three years to about 427,000 units last year, and its stock rose by 120% on the Shanghai exchange over the same period. Aito's success reflects a major shift in China's premium auto segment, which was once dominated by foreign brands. In 2020, Mercedes-Benz was top with 259,000 sales, followed by BMW on 235,000 and Porsche on 79,000, per ThinkerCar data. By 2024, Chinese EV makers such as Aito and NIO had broken into the rankings, disrupting what ThinkerCar described as a BMW, Benz, and Audi "monopoly." Sales of Chinese EVs are also rising outside their home market. BYD outsold Tesla in Europe for the first time in April, according to JATO Dynamics data released on Thursday. BYD also outsold Tesla globally in the first three months of the year, selling about 416,000 EVs, compared with Tesla's 336,700 EVs.
Mint
21-05-2025
- Business
- Mint
Amazon reportedly developing foldable tablet to rival Apple and Huawei: Kuo
Amazon is reportedly developing a large-screen foldable tablet that could rival a similar device said to be in the works at Apple, according to prominent analyst Ming-Chi Kuo. The claim emerges shortly after Huawei unveiled its latest innovation — the MateBook Fold Ultimate — in China. In a post shared on X, Kuo suggested that tech giant Amazon has entered discussions with key suppliers as part of its early-stage development of a foldable tablet. While the project has not officially commenced, Kuo believes the company could begin mass production as early as the end of 2026 or potentially in 2027, should development progress as anticipated. The news points to a potentially significant shake-up in the foldable device market, with Amazon possibly stepping in ahead of Apple. Kuo projects that Apple's own large-format foldable device, widely believed to be a foldable iPad, might not enter mass production until late 2027 or even 2028. Echoing Kuo's insights, Ross Young, Vice President at Counterpoint Research, confirmed he had heard of Amazon's foldable tablet plans some time ago. Young also noted that the company had held discussions with major component suppliers about the product, lending weight to the growing speculation. The timing of these developments is notable, coming just a day after Huawei debuted the MateBook Fold Ultimate — a foldable laptop with an expansive 18-inch screen that folds down to a 13-inch form factor. The device operates on Huawei's proprietary HarmonyOS PC system, diverging from Microsoft's Windows platform. While Amazon has not revealed what operating system its rumoured foldable will use, it has historically deployed Fire OS — a customised version of Android — in its tablets. However, recent reports suggest the company is developing a new Linux-based Vega OS for its smart TVs and streaming hardware, raising questions about whether this OS might also underpin its future tablet offerings.
Channel Post MEA
20-05-2025
- Business
- Channel Post MEA
Huawei Unveils HarmonyOS Laptops, Charting a New Course in PC Market
Huawei has officially launched its new line of laptops powered by its proprietary HarmonyOS, marking a significant milestone in the company's ambition for technological self-sufficiency and a direct challenge to the dominance of Windows and macOS. The unveiling, which included models like the MateBook Pro and the innovative MateBook Fold Ultimate Design, signals a new era for Huawei's PC strategy. The MateBook Pro, a conventional clamshell laptop, and the highly anticipated MateBook Fold Ultimate Design, a foldable device that expands to an 18-inch OLED screen, are the first to run HarmonyOS 5. This latest iteration of Huawei's homegrown operating system is no longer reliant on Android Open Source Project code, representing a complete in-house development effort. Industry observers note that this strategic pivot was accelerated by ongoing U.S. restrictions, which led to the expiration of Huawei's Windows licenses. Huawei has invested heavily in HarmonyOS since its initial launch in 2019, pouring resources into R&D and securing over 2,700 core patents for the PC version. The company reports that HarmonyOS is already running on over 900 million devices globally and has surpassed iOS in market share within China's mobile OS landscape. Key features of the new HarmonyOS laptops include seamless cross-device integration with Huawei's ecosystem of smartphones and tablets, advanced AI capabilities through the Xiaoyi AI Assistant for tasks like document summarization, and enhanced privacy controls. Huawei also highlighted the rapid expansion of the HarmonyOS PC application ecosystem, projecting support for over 2,000 applications by the end of 2025. This move is not just about new products; it represents China's broader drive for technological independence in critical IT sectors. 0 0
