Honor

Xiaomi, by comparison, shipped 125.6 million units in 2019.

Honor needs to be Huawei's strongest competitor in the world, and surpassing or even beating Huawei can be its self-motivated goal, said Huawei founder Ren Zhengfei.

On November 17, Huawei announced the sale of the Honor brand. After the sale, Huawei no longer holds any shares in the new company.

Huawei said today that it has decided to sell all of the assets of the Honor business to ensure the continuity of the Honor channel and suppliers at a difficult time when technology elements of the industry are unsustainably available and the consumer business is under tremendous pressure.

Huawei plans to sell the entire Honor mobile phone business as a package, in a deal priced at about 100 billion yuan based on Honor's 6 billion yuan profit last year and 16 times PE, 36kr.com said Tuesday, citing people with knowledge of the deal.

Honor today unveiled its latest generation of smart band - the Honor Band 6, featuring a 1.47-inch AMOLED with a 64% screen-to-body ratio.

The Honor V40 series will be released in mid-December, and Honor will be preparing two different processors for the series - some devices will be powered by MediaTek's Dimensity 1000+, while others will continue to use the Kirin 9000, the latest rumor said.

The Honor Band 6 will be released within the next few days and is expected to be the first full-screen Band, according to the famous Weibo digital blogger.

Since Huawei is on the US entity list, there is no Google Play service installed on Huawei's latest smartphones, which makes it difficult for most overseas users to accept Huawei phones.

One of the most likely scenarios in Huawei's response to US sanctions would be the sale of its Honor smartphone business, said Ming-Chi Kuo, an analyst at Tianfeng International.