Abstract
- Honor noticed a 50% enhance in world gross sales for December, marking a profitable transition to a world tech firm.
- AI and improvements in {hardware} and software program just like the MagicOS 9.0 system contributed to Honor’s success.
- The Honor Magic V3 foldable system was a standout hit, surpassing Samsung in foldable gross sales and signaling Honor’s plans for additional progress and growth.
Cool issues are occurring in China’s smartphone scene. ZTE, Nubia, and
OnePlus
gave us some implausible gadgets in 2024, however it’s Honor who took the lion’s share of success. The Shenzen-based cellphone large wrapped up 2024 with spectacular momentum.
Associated
I used to be excited for my Pixel 9 Professional Fold to reach. Then I used the Honor Magic V3
It seems that I can not put this down
Honor reported a 50 % enhance in world gross sales throughout December (through Huawei Central). Honor CEO Zhao Ming shared the information in a year-end keynote, the place he highlighted the corporate’s speedy worldwide growth and investments in AI expertise. The announcement is an enormous deal, as a result of it alerts Honor’s transition from a regional participant in China to a world electronics firm. Abroad gross sales account for greater than half of December’s income.
AI and foldables on the middle of Honor’s success
Zhao credited the corporate’s newfound success to its concentrate on AI and improvements throughout {hardware} and software program. Honor’s MagicOS 9.0 working system, constructed on Android 15 and powered by AI, performed a key position within the firm’s shocking surge.
The Honor Magic V3 foldable was considered one of Honor’s most succesful gadgets and made up 21% of all Honor gadgets offered in December. Honor surpassed Samsung in foldable gross sales for the primary time, capturing 6% of the US market and even trolled Samsung with a
microscopic apology
to the Korean firm engraved on the hinge of the V3.
Greater than smartphones
Honor is making strides in different sectors with robust progress in Western Europe and Latin America. Zhao pointed to progress within the PC market and signaled plans to diversify the general product lineup with new business collaborations.
All of this factors to an expectation of document earnings in 2025. Honor plans to double down on AI integration and additional develop its working system and {hardware}.
“Desires are far-off, however the highway is beneath our toes.” Zhao mentioned in his deal with.
Zhao closed his deal with by acknowledging the model’s formidable targets and reminding shareholders and prospects in regards to the new roadmap he unveiled final February. That was when Honor introduced a three-year plan at World Cellular Congress in Madrid to broaden internationally and aggressively develop new AI applied sciences. That plan seems to be working, and there’s a
new flagship competitor
on the scene.