Honor launches the first phone since being sold by Huawei

Honor launches the first phone since being sold by Huawei

January 22, 2021:The Chinese smartphone brand Honor, formerly owned by Huawei, has launched its first device since being sold off.

Huawei sold Honor in November to a consortium of buyers in China to help the unit survive in the face of U.S. sanctions.

Huawei was on the U.S. export blacklist called the Entity List in 2019, which restricted American firms from selling some components to the Chinese technology giant. This included both semiconductors and software.

Google had cut ties with Huawei due to which the U.S. search giant’s Android mobile operating system could not be installed on the Chinese devices. That affected Huawei’s sales in markets internationally.

Huawei sold Honor to Shenzhen Zhixin New Information Technology last year. Meanwhile, Huawei had said that the sale was made so Honor could “make it through this difficult time.”

Mostly Honor’s sales come from China. Honor shipped 64 million smartphones globally in 2019, according to IDC. In the first nine months of 2020, the company has shipped 42 million units. The overall record of 2020 is unavailable.

Honor’s new smartphone is called the V40. It boasts a 6.72-inch display and comes in three colors, silver, black, and rose gold.

Honor talked up the phone’s graphics processing and touchscreen capabilities, gaming features on the device, and a widespread use of smartphones in China.

The V40 uses a key 5G chip from Taiwan’s MediaTek, a company that became China’s number one smartphone semiconductor supplier in 2020.

Honor’s V40 starts at 3,599 yuan ($556) for the 128GB storage option and 3,999 yuan for the 256GB version. Although it is not confirmed if the phone will be launched internationally, it will be released in China.

“The message Honor wants to convey is they inherited a lot from Huawei, no matter if it’s the chipset capability, photography, and R&D (research and development) all the things they got from Huawei devices, they have it all,” Nicole Peng, a mobile analyst at Canalys said.

About Us

We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.

Recent Posts

Noodle.ai | Make Profit Not Waste | Stephen Pratt

Supply chain leaders, including VPs, often find themselves making bets with unknown financial consequences. Having started with largely infeasible plans generated by deterministic “one-number” planning systems, compounded by unexpected supply or demand disruptions, they are forced into last-minute adjustments to meet operational and financial goals.

Intelichain | Revolutionary Supply Chain Planning Solutions | Roei Aviram

Unsurprisingly, today’s supply chain faces numerous issues, including sustainability, technology, global economic and political instability, talent management, and supply chain resilience. Advanced forecasting algorithms and predictive analytics are used in supply chain management to help organizations of all sizes make better decisions by providing insights into what’s going on in their business at any given moment and predicting future trends.

GAINS | Empowering Companies to Make the Right Decision | Bill Benton

Ensuring the right products are in the right place and at the right time is critical for companies also dealing with supply chain constraints and a high degree of variability. Uncertainty has become the name of the game and the only way to effectively optimize inventory through continuous, data-driven assessments, planning, and decision-making.

Extensiv | Creating the Future of Omnichannel Fulfillment | Sheridan Richey

Food Huggers, a consumer brand that designs products to reduce waste at home, may be in an enviable position now but before they found Extensiv Order Manager, managing booming orders and staying on top of inventory was a huge operational challenge. The business has inventory spread across multiple geographically distributed warehouses, with orders received via multiple sales channels, including Shopify storefronts and Amazon.