This week, Shuyuan Know-how launched 5G communication smartphone case. The primary batch of instances is appropriate with Huawei P50 Professional. The producer is promoting this 5G smartphone case for 799 yuan ($120). Along with essentially the most primary safety, this particular cell phone case additionally brings 5G dual-mode help to the Huawei P50 Professional. It additionally helps the three main operators in China, and solely must activate the eSIM service.

Based on reviews, there might be 5G communication smartphone instances for different Huawei fashions. The Huawei Mate 50 seems to be the subsequent in line. Though the product is but to start gross sales, it has been attracting numerous consideration. Moreover, the corporate behind the innovation has been recording a rise in its share value.

Yesterday, Shuyuan Know-how’s intraday every day restrict closed for Three consecutive every day limits, and the inventory value is 8.61 yuan ($1.29). Throughout the steady every day restrict, the inventory rose 33.08% cumulatively, and the cumulative turnover charge was 9.78%. The most recent A-share market worth hit 3.907 billion yuan ($585 million), and the A-share circulating market worth is 3.336 billion yuan ($500 million).

Beforehand, the corporate’s first quarterly report information launched on April 30 confirmed that the corporate achieved a complete working earnings of 649 million yuan ($97 million) within the first quarter, a year-on-year enhance of 100.82%. It additionally has a internet revenue of 4.8721 million yuan ($730,000), a year-on-year lower of seven.39%.

By merely placing on the smartphone case on the Huawei P50 Professional, customers can have on the spot entry to 5G community.

Huawei’s ban

We all know that the U.S. authorities is completely towards Huawei and has been making an attempt to floor the corporate. Nonetheless, the federal government goes about it neatly by approving some 4G applied sciences for Huawei’s use. Earlier than the U.S. ban, Huawei was set to overhaul Apple within the smartphone market. The corporate was gearing as much as turn out to be the biggest smartphone producer on this planet. Nonetheless, the ban got here and truncated the whole lot and the Chinese language firm’s smartphone enterprise has been struggling since.

The U.S. authorities claims that it’s banning Huawei for nationwide safety causes. Nonetheless, Huawei claims that it has no ties with the Chinese language authorities and doesn’t threaten U.S. nationwide safety.

As of now, the Chinese language producer says it’s now not competing within the smartphone market. Based on the corporate, it’s only making an attempt to outlive and doesn’t have the capability to compete within the smartphone market. Nonetheless, the corporate are nonetheless releasing new smartphones most of which help solely 4G.