Richard Yu, CEO of Huawei Consumer Business Group, presents the new Huawei Mate 9 high-end-phablet during the Huawei Global Product Launch in Munich, southern Germany, on November 3, 2016. / AFP / CHRISTOF STACHE
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Chinese telecommunications firm Huawei Thursday unveiled its latest Mate 9 smartphone in Munich, designed to challenge global market leaders Apple and Samsung with features including a high-quality camera and higher-capacity battery.As Korea's Samsung struggles with negative publicity following the high-profile recall of its flagship Galaxy Note 7 smartphone in response to reports of it catching fire and exploding, Huawei has smelled an opportunity.According to market research firm IDC, Huawei held 9.3 percent of the global market in the second quarter of 2016, placing it third behind Samsung with 22.8 percent and Apple with 11.7 percent.
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