Huawei’s sub-brand Honor plans fresh India investments; eyes top spot in smartphone market
NEW DELHI: Chinese company Huawei’s sub-brand Honor is eyeing the top spot in India’s highly competitive smartphone market and has devised a new strategy supported by new branding. It is now planning to make fresh investments to bolster its manufacturing to export from India and set up a deep offline retail presence.
“We will have dedicated products for India with localised features as part of the strategy… India will now have full support from our global team for retail expansion, manufacturing and product portfolio,” George Zhao, global president, Honor told ET. “We are open for fresh investments, which will be aligned with our growth.”
The new strategy and branding, announced in China last year, is being implemented in India this year. Honor became China’s number one online brand in 2018, pipping Xiaomi, and now plans to replicate the success in India