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Honor, the Chinese smartphone manufacturer, announced on its official website that it has transitioned into a joint-stock company as of December 28, 2024, with its official name now Honor Terminal ...
Vice chair Wan Biao was once a key figure in Huawei’s consumer business department. He joined Huawei in 1996 and held various positions such as president of Huawei’s wireless product line, president ...
The company’s market share in China stood at a formidable 18% during the same period. Following its independence from Huawei, Honor has flourished under a consortium of over 30 agents and dealers.
Honor's market share in China declined from 17.1% in 2023 to 14.5% in the second quarter of 2024, dropping to fourth place overall. Huawei's resurgence has pushed it back into the number two spot ...
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