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Home ยป Tech Industry

Honor says it has become third largest smartphone brand in China

By Tom Kang
Jul 26, 2021 at 2:17 PM UTC
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Honor's weekly market share has reached 14.6 percent, making it one of the top three brands in China's mobile market, the company told employees Monday, citing data from an unnamed third party.

Thanks to the persistence of all employees, Honor's market share has rebounded from a low of 3 percent to the top three in China in just three months, the company said.

Honor said the Honor 50 series will take the company even further, with the Magic 3 expected to kick off its rise in the high-end market.

The Honor Magic 3 will be released on August 12 with the Snapdragon 888 Plus. Honor president George Zhao said the brand will be one of the first to use the Snapdragon 888 Plus.

Honor had a 16.7 percent market share in China at its peak, but that number fell to 3 percent in the first quarter of 2021, after its spin-off from Huawei.

On June 16, Honor unveiled the Honor 50 series, its first phone since independence from Huawei, and announced a major shake-up of Honor's phone lineup.

Zhao said at the time that Honor had survived its toughest moment, climbing from a low of 3 percent to 9.5 percent market share.

In early July, Honor's official flagship store said the Honor 50 was the No. 1 seller in the RMB2,500 ($385)-RMB4,000 price segment for 17 consecutive days on China's e-commerce giant JD.com as well as Tmall.

Honor to hold global launch event for Magic 3 series on August 12

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