Honor, the former budget smartphone arm of Huawei Technologies, says it has secured access to vital chip supplies after it was spun off from its parent last year in a move to shield it from Washington’s crackdown on the Chinese tech giant.
(Nikkei Asia, Jan 22)
Harshit Rastogi:
- The clean break and fresh start is good for HONOR – especially with Google Play likely to be enabled for international markets.
- However, it has significant hurdles to overcome including breaking into new overseas markets and competing at premium.
- And on the production side, there’s still supply uncertainty – both in terms of access and bargaining power.