24-Mar-2021 | Market Research Store

Even though the Chinese renowned tech giant, Huawei,has been facing challenges in global smartphone salesowing to theregular US sanctionsthat have led toa 42.4% decline in its shipments in the previous year. The company is still performing extremely well in its wearables category with a shipment increase of over 90% constantly over the years in China and Asia and 50% worldwide. Based on the sales and revenue reports, the China-based industry is allegedlylowering its smartphone manufacturing this yearwhilepermitting access to the third-party applications for its wearables in order to improve its sales.

For the one’s not knowing, Huawei’s smartwatches use its software called LiteOS that does notofferaccess to third-party apps. However, from last week, it has opened up its smartwatches to third-party developers to attract even more customers. Recently, the company haslaunched a new popular fitness application “Fitify” for its Watch GT 2 Pro.

Huawei has also proclaimed that itexpects to collaborate with independent developers and companies to developthe apps for itsgrowing range of wearables.As per the statement released by Derek Yu—VP of Huawei CEE & Nordic—the company holds the leading position in the global wearables marketand is anticipating to grab major market share in the upcoming years. In Q3 2020, Huawei shipped around 10.7 Million wrist wearables globally, beholding year-on-year growth of 88.1%. By developing its debut third-party app for wearable products,the organization is approachingseveral other high-quality app developers to contribute to the development of smart wearables. Its wearables are gaining huge popularity, and any contributor in the wearables’ app development can become a part of Huawei’s AppGallery and wearables ecosystem.”

Furthermore, the company plans to provide a single platform that would help all application providers providing awide-ranged support solution, proving a complete answer from conception, enhancement, and distribution to all operation and data analytics.