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Huawei CEO confirms Mate 10 & Explains Why they will Stop Making Low-end Smartphones

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After the success of the Mate 9, Huawei looks like launching its successor — the Mate 10 very soon. The CEO of Huawei himself confirmed it in an interview.

The CEO said that the Mate 10 will come with a “full-screened display” which makes it “near bezel-less”. He also promised “longer battery life”, “Quicker charging speeds”, and “better photography capabilities compared to the next iPhone”. In addition to all these, the Kirin 970 chipset will also debut with the Huawei Mate 10.

All of these comes with no surprises. What was surprising was the Huawei’s decision to give-up on the low-end smartphone market. The CEO himself confirmed that Huawei will stop making low-end smartphones blaming the profit margins were extremely low.

The margin in this is extremely low, and it’s not making enough profit. So do expect only mid-range and high-end smartphones from Huawei. – Richard Yu, CEo Huawei

Huawei recently launched its low-end phone in Nepal. Called the Y5 2017, Huawei has priced the device at Rs. 15,600 and comes with features like 5-inch display, quad-core CPU, 2GB RAM, 8MP primary camera, 5MP front camera, and a 3000mAh battery. The budget oriented Huawei Y5 2017 hopes to compete with Xiaomi’s Redmi 4A, Samsung’s On7 Pro, and Gionee’s X1 in the low-end competitive market.

Also Read: Huawei Mobiles Price in Nepal