Investing.com -- Over the weekend, Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, reduced the prices of its high-end devices, including mobile phones, on one of China's top e-commerce platforms.
Huawei is Apple (NASDAQ:AAPL)'s biggest smartphone rival in China, alongside Samsung Electronics (KS:005930).
The price cut, which went up to 3,000 yuan ($411), was announced through a post on Huawei's official Weibo (NASDAQ:WB) social media account on Sunday.
The discounts were part of a "Super Brand Day" promotion on JD (NASDAQ:JD).com, which began on Saturday evening and ended at midnight on Sunday.
During this promotion, Huawei offered price reductions on a variety of products, including smartphones, headphones, watches, and tablets. The details of these deals were outlined in the Weibo post.
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