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HONOR is now an Independent Brand and more Tech news...


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Huawei has finally sold off its sub-brand HONOR!
The new owner of the HONOR brand is a company called Shenzhen Zhixin New Information Technology Co.
Joint Statement:
Statement from Huawei :
Huawei's consumer business has been under tremendous pressure as of late. This has been due to the persistent unavailability of technical elements needed for our mobile phone business. Huawei Investment & Holding Co., Ltd. has thus decided to sell all of its Honor business assets to Shenzhen Zhixin New Information Technology Co., Ltd. This sale will help Honor's channel sellers and suppliers make it through this difficult time.
Once the sale is complete, Huawei will not hold any shares or be involved in any business management or decision-making activities in the new Honor company.
This move has been made by Honor's industry chain to ensure its own survival. Over 30 agents and dealers of the Honor brand first proposed this acquisition.
Since its creation in 2013, the Honor brand has focused on the youth market by offering phones in the low- to mid-end price range. During these past seven years, Honor has developed into a smartphone brand that ships over 70 million units annually.
Huawei highly appreciates the continued dedication, attention, and support given by Honor's consumers, channel sellers, suppliers, partners, and employees.
We hope this new Honor company will embark on a new road of honor with its shareholders, partners, and employees. We look forward to seeing Honor continue to create value for consumers and build a new intelligent world for young people. END of the statement
For HONOR, this means reopening the "super second generation" who will become powerful! The technology is seamlessly connected with Huawei, and the supply chain is free from various prohibitions against Huawei.
This is definitely a big plus for HONOR! and they can enjoy Huawei technology and Kirin chips, Future HarmonyOS, Qualcomm, and even Samsung chips.
A recent trademark application revealed that Huawei's apps are renamed into HONOR name!
Renamed New Apps :
HONOR Video
HONOR Wallet
HONOR Pay
HONOR LIFE
HONOR APP GALLERY
HONOR Music
This indicates that the HONOR will have access to Huawei's technology as well!
What's your opinion on this? Do you think this decision will bring HONOR to greater Heights?
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