According to Tencent’s ‘Deep Web’ report, Honor CEO Zhao Ming clearly stated at an employee meeting that Honor’s goal is to become the number one in the Chinese smartphone market.
An insider from Honor revealed that a week after Honor became independent, Zhao Ming held three employee meetings in Beijing, Xi’an, and Shenzhen. Zhao Ming did not discuss specific strategies, but stated that apart from mobile phones, other product lines would continue to be developed.
The report stated that regarding chip supply, a source close to Qualcomm said that Qualcomm and Honor are very optimistic about the negotiations, and the two sides are about to reach a supply agreement. In addition, Honor plans to release the V40 series in January 2021, which will use the previously stockpiled MediaTek chips.
Earlier, in a video interview at the Snapdragon Technology Summit, when asked about the collaboration with Honor, Qualcomm President Cristiano Amon said: ‘Qualcomm is very pleased to see a new participant entering the market. Consumers will also be happy to bring more consumption potential to the market. I like the vitality of the Chinese smartphone market, and I hope Honor will bring more great products. But everything is just beginning, and we will start a dialogue.’