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Honor triumphs back in Chinese market after split from Huawei

News Snapshot:

Stay in the Loop After separating from Huawei, smartphone brand Honor has gradually reclaimed its market share in China, registering 8.4 percent share in June after reaching the bottom of 5.1 percent in January, a new report has shown. OPPO, Vivo, and Xiaomi, which are locked in a fierce battle to fill the void left by Huawei, will see Honor also entering the field and trying to expand its position in the premium market segment. The $300-$600 and above segments are expected to see a reshuffle in H2 2021 amid stronger competition, according to Counterpoint Research’s monthly Market Pulse data….

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