Huawei has lost most of its share of the smartphone market, but Honor is poised to raise its banner. The company that separated from Huawei began to reclaim the lost market.
Honor started in China. According to Counterpoint analysts, in June the company occupied 8.4% of the market in China against 5.7% in April and 7.6% in May. That is, the growth is quite tangible. In quantitative terms, we are talking about about 2.3 million devices in June against less than 1.5 million in April.
True, it is still far from the peak values ​​of 4.55 million reached in April 2020, but the dynamics are still significant.
The source adds that the latest growth spurt is due to, among other things, the release of smartphones of the Honor 50 line. In just two weeks, from June 21 to July 4, Honor sales due to these devices grew by 36% compared to the previous two weeks.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
