Η Honor was done at end of July, the third largest Smartphone manufacturer in China, surpassing other giant companies such as Apple, and Xiaomi.
Σday, the Honor is a completely separate company from Huawei, with its own Marketing, its own strategy, its staff and its suppliers.
Η Honor has now got rid of the problems that the Huawei, and the company is now rushing to recover the lost ground, marking today its first and most serious success.
According to new reports, the Honor became the third largest smartphone maker in China at the end of July, surpassing other giant companies such as Apple and Xiaomi.
According to the data published by Cinno Research, first and second place in the Chinese market for July were occupied by Oppo and Vivo, having sent 5,6 million and 5,3 million devices respectively.
In fourth place is the Xiaomi with 3,9 million devices, while the fifth place belongs to Apple,, whose shipments to China amounted to 3 million devices.
In January this year, Honor's share of the Chinese market for smartphones was just 3%, but since then, the company has begun to increase its share of the Chinese market. At the end of July, the total sales of Smartphones in the local market of China, amounted to 28,68 million devices, with an annual increase of 28,6%.
The key growth factor was 5G smartphones, which had total missions 22,83 million packagesν, representing the 79,6% of the total volume of all Smartphones sold during that period.
Η Honor, which left its Chinese telecommunications giant Huawei due to US sanctions, officially announced the opening of its world headquarters in Shenzhen, China.
The total area of the building is approx 350 thousand square meters and is located just 12 kilometers from Huawei headquarters. Honor development centers from Beijing, Nanjing, Xi'an and other areas will soon be relocated to the same building.
It is also noted that its new headquarters Honor will house office space for a large number of employees. In addition, the building will provide space for advanced laboratory instruments and equipment.
The opening of the company's new headquarters is expected to help Honor expand its global operations and strengthen its position in the smartphone market even more. The company, in particular, intends to expand its presence in the field of mid-range and premium smartphones.
This, as expected, will cause major reclassifications in the category of Smartphones with a price range from $ 300 to $ 600 and further intensify competition in the market.
It is also possible in the future the Honor to launch a public offering of shares, while in general, the opening of the new headquarters of the company clearly shows the serious intentions of Honor, to expand its presence both in the domestic market of China and in other countries.
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