Huawei P70 Series Set To Unleash Photo Revolution in 2024
Anticipation is building as Huawei prepares to launch its groundbreaking P70 series, featuring the P70, P70 Pro, and Pro Art models, in the first half of 2024. Ming-Chi Kuo, an analyst at TF International Securities, forecasts a game-changing trajectory for Huawei, predicting a substantial shift in the smartphone landscape.
Suppliers Largan and Sunny Optical, with the former holding a slightly higher supply share, are positioned to reap the rewards of the P70 series' significant shipment growth during the traditional off-season.
Kuo's insights suggest that the P70 series, with upgraded camera specifications and Huawei's Kirin chips, could witness a staggering year-on-year growth of approximately 230%, reaching an impressive 13–15 million units, provided the strong demand for smartphones persists into the first half of 2024. Even during a restocking demand slowdown, shipments are still expected to grow significantly by 150% YoY, reaching 10–12 million units.
Key to the P70 series' appeal is its cutting-edge camera technology. The P70 adopts a 5P lens (1/3.6-inch), while the P70 Pro and P70 Art elevate the experience with a 6P lens (1/2.5-inch). Notably, the P70 Art's wide camera stands out with a 1/1-inch CIS and a hybrid 1G6P lens, showcasing Huawei's commitment to pushing the boundaries of smartphone photography. The use of molded glass in the 1G6P lens, supplied by Largan and Sunny Optical, adds a premium touch and signals a potential industry standard shift.
As Ming-Chi Kuo's predictions align with Huawei's return to the high-end smartphone market, coupled with enhanced camera capabilities and robust shipment growth, the P70 series is poised to initiate a significant optical upgrade cycle in high-end smartphones, ushering in a new era of mobile photography.
