Huawei slashes prices of several high-end devices to survive China markets, plans AI chip mass production by 2025

Huawei's Pricing Strategy: Huawei has reduced prices on several high-end smartphones to boost sales, including an 18% discount on the Pura 70 Ultra and a 19% discount on the Mate X5, while also reporting a significant increase in local shipments of high-end devices.

AI Chip Development Challenges: Huawei plans to mass-produce its Ascend 910C AI chip by early 2025 but faces production yield issues due to U.S. restrictions affecting access to advanced manufacturing equipment, impacting their ability to compete with companies like Nvidia.