What does Huawei’s new phone series mean for Apple in China?

News Snapshot:

BEIJING/SHANGHAI, Sept 8 (Reuters) - A new series of smartphones launched by China's Huawei Technologies (HWT.UL) has drawn global attention for containing technology that indicates the company has managed to overcome U.S. sanctions and could come back as a rival to Apple (AAPL.O) In late August, the company unveiled the Mate 60 and Mate 60 Pro, and on Friday launched two more smartphones, the Mate X5 which is a new version of its foldable phones, and the Mate 60 Pro+. The Mate 60 is priced from 5,999 yuan ($817.70), the same as Apple's iPhone 14 in China. Here are some...