Honor to release 5G models in Q4
Honor, Huawei’s brand aimed at young consumers, will launch 5G models in the fourth quarter, making best use of “rich technology reserves,” the company said.
Honor is expected to soon increase overseas income to 50 percent of total revenue, Zhao Ming, Honor’s president, said in a recent interview in Shanghai.
Huawei and Honor have “rich technology reserves” in 5G, photography, Bluetooth, systems and other areas, which makes Zhao “confident” in the tough market environment.
New technology used in the Honor 20, which made its China debut in Shanghai, include long-distance Bluetooth, a quad-camera and system tool Fangzhou (Ark), which can improve Android’s efficiency by 30 percent.
Smartphone sales by Huawei and Honor jumped 47.3 percent year-on-year in the fourth quarter, compared with a slightly shrinking smartphone market, said researcher Canalys.
In 2018, Honor’s overseas income accounted for 25-30 percent of its revenue, compared with 15 to 20 percent in 2017. Within a few years, it will looking at 50-50, said Zhao.
Huawei’s smartphone sales have helped it to build a whole ecosystem covering speakers, hearables, wearables and other IoT (Internet of Things) devices, according to Canalys.