
Huawei and Xiaomi step up premium phone rivalry against Apple in China

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Huawei and Xiaomi are intensifying their competition against Apple in the premium smartphone market in China. Huawei has launched the Mate 70 Air, a thin device priced at 4,199 yuan ($590), featuring a 6,500mAh battery and a 7-inch display, directly targeting Apple's iPhone Air. Meanwhile, Xiaomi has accelerated its premium strategy, investing over 100 billion yuan in R&D, with plans to double that in five years. Analysts note that both companies aim to challenge Apple's dominance in the Chinese market, where Apple continues to perform well despite the competition.
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