In 2020, it was separated from Huawei and continued to operate independently. It also launched a number of flagship mobile phones, foldable screen mobile phones, laptops and other products.gloryEarlier, it changed itself from a limited liability company to a joint-stock company, officially becoming Honor Terminal Co., Ltd., in preparation for the upcoming listing.
Relevant news indicates that Honor may accelerate its listing process through a backdoor listing. Honor responded that it will use this to achieve the company's next stage of strategic development and confirmed that it will accelerate the company's competition in the capital market through listing.
However, Honor has not yet announced its specific listing plan, and the jade product will be announced to the public at an appropriate time.
Prior to this, Honor announced that it had received investment from China Mobile, a Chinese telecom operator. Later, it announced that it had received investment from China Telecom, CICC Capital's funds, Cornerstone Capital's funds, and SDIC Funds. At the same time, investment platforms including Jinshi Xingyao also invested in Honor. Honor emphasized that it will promote the diversification of its equity structure based on the principles of openness and transparency.
In a market survey in the third quarter of this year, smartphone shipments in China reached 6878 million units, an increase of approximately 3.2% compared to the same period last year. Honor's market share reached 14.6%, ranking fifth in shipments.
