Huawei targets European expansion with mid-priced smartphone

Image
Reuters PARIS
Last Updated : Jan 23 2019 | 12:30 AM IST

PARIS (Reuters) - Huawei is seeking to strengthen its position in Europe with a smartphone that offers new camera features and a lower price-tag than models from rivals Samsung and Apple .

The new Honor View20, launched in China in December, was presented in Paris on Tuesday. The phone has a 48 mega pixel camera that can take several pictures at once and combine the best qualities from each in a single photo.

It also has a second camera that can take 3D pictures and a 25 mega pixel in-screen front camera for selfies. The smartphone starts at 549 euros ($624).

The appeal of Honor - a sub-brand in Huawei's smartphone portfolio - is that it has many of the advanced features of the company's premium line of Huawei-brand phones at significantly lower cost.

"They're really trying to build up the brand in Europe," said Annette Zimmermann, an analyst at Gartner.

She said Honor started as a cheaper alternative to Huawei's more expensive smartphones, but that the firm was now gradually increasing the prices for the Honor brand.

Europe has become the second-biggest market for Huawei, making it a major region for further international expansion as the company also tries to bolster its presence in the United States.

Huawei overtook Apple to become the world's second-biggest smartphone seller after Samsung last year.

The Chinese company had a market share of 13.4 percent worldwide in the third quarter last year, compared with 18.9 percent for Samsung and 11.8 percent for Apple, according to Gartner.

($1 = 0.8797 euros)

(Reporting by Mathieu Rosemain; Editing by GV De Clercq and Jane Merriman)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 23 2019 | 12:11 AM IST

Next Story