Huawei racks up 3 mn pre-orders for tri-fold phone before iPhone 16 reveal

Apple Intelligence features are to launch in software update to iPhone and iPad operating system likely in October and a full upgrade of Apple's voice assistant Siri is likely only early next year

Apple
Representational Image
Reuters SAN FRANCISCO
4 min read Last Updated : Sep 09 2024 | 11:38 PM IST

Don't want to miss the best from Business Standard?

Apple on Monday is set to unveil its iPhone 16, focusing on how its flagship device's features are infused with artificial intelligence, but it could be upstaged by a triple-folding smartphone released by China's Huawei hours earlier.
 
Apple's event at the tech giant's Apple Park headquarters starts at 10 a.m. PDT (1700 GMT). Huawei has scheduled an announcement of its Mate XT phone just hours after the Apple presentation.
 
The Chinese company's website showed on Monday that it had garnered more than 3 million pre-orders for its Z-shaped tri-fold phone. This underscores Huawei's ability to navigate U.S. sanctions and solidifies its position against Apple in China, where consumers are hankering for more AI features and are willing to pay for them.
 
Apple shares were down 1.25 per cent in morning trading.
 
"The Chinese market is hungrier for AI features than the U.S. market," said Ben Bajarin, CEO and principal analyst at Creative Strategies. For Apple, "it will be very difficult to bring it to China immediately, so they'll be going off the merits of the hardware."
Apple unveiled Apple Intelligence at its developer conference in June, its take on generative AI that can conjure text, images and other content on command.
 
But these upgrades will take time to reach consumers.
 
Apple Intelligence features are expected to launch in a software update to the iPhone and iPad operating system likely in October and a full upgrade of Apple's voice assistant Siri is likely to come only early next year, according to media reports.
 
Apple Intelligence must be approved by Beijing in order to be released in the Chinese market. In July, OpenAI blocked access to ChatGPT in China, a move that could impact the chatbot's integration into Siri.
 
IPhones accounted for more than half of Apple's $383 billion sales last year, and the new devices are an important update for the Cupertino, California-based company that is betting the AI feature will drive consumers to upgrade amid a slowdown in iPhone sales.
 
In China, Apple aggressively slashed prices earlier this year, prompted by government restrictions and increased domestic competition.
 
The iPhone 16 lineup will be the first Apple smartphones designed around these AI features, though those will also be available on iPhone 15 Pro and Pro Max, the top-end versions of the previous-generation devices. New versions of the Apple Watch and AirPods are also expected.
 
"The software side, and how Apple frames it, is the biggest question," said Bajarin. "Investors will look for if it's compelling enough to have a larger-than-normal upgrade cycle." Rivals including Alphabet's Google are also showcasing AI features to try to upend Apple's dominance in the high-end smartphone market.
 
Google, developer of the Android operating system which competes with Apple's iOS, traditionally announced its Pixel smartphones in the autumn. This year, it pushed the event to August ahead of Apple's announcement.
 
Google focused on AI features including Gemini Live, which allows users to hold live voice conversations with a digital assistant. Many of the AI features Google announced were also rolled out to the Android-based devices made by manufacturers such as Samsung and Motorola.
 
"The question is who is going to be the first to combine a truly personal AI assistant with knowledge and information that is accurate and personalized," said Bob O’Donnell, chief analyst for TECHnalysis Research.
 
Apple has so far shared a timeline for the release of Apple Intelligence only in the United States, where it is slated to launch on compatible devices in the autumn.
 
In June, one week after its developer conference, Apple said it would delay the release in Europe due to European Union tech rules.
 
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*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

Topics :Apple IncApple iPhoneHuaweiApple iPhoneiPhonesApple event

First Published: Sep 09 2024 | 11:25 PM IST

Next Story