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Honor established a new subsidiary - Shanghai Honor Smart Technology (上海荣耀智慧科技) on May 31. The new company will engage in IC design and development.
China's leading smartphone makers -Xiaomi, Huawei, Honor and OPPO - are ramping up efforts to enter the premium market this year.
Chinese smartphone maker HONOR jumped 110% in sales in the premium market in 2022, while Huawei and Xiaomi both declined by around 40%
Honor, the Chinese smartphone brand spun off from Huawei, launched its first self-developed RF enhancement chip Honor C1 at its March 6 new product release event of Honor Magic5 series.
Honor, OPPO, vivo, Xiaomi are among Qualcomm’s first satellite communication partners
China’s smartphone sales slumped 19% last year to lowest in eight years
Reducing inventory has become a primary focus for Chinese and global smartphone makers as the handset market is in a recession.
Chinese smartphone brand Honor will expand its business in overseas markets in 2023 after gaining a solid foothold in the domestic market and completing recent financing with global display leader BOE, being one of its shareholders.
Honor topped China’s smartphone shipment for first time in Q2 2022
Let’s take a closer look at China’s smartphone market in the second half of 2022 with Yiwen Wu, Senior Analyst at Strategy Analytics.