Honor is seeking valuation of 45 billion USD to be listed in China: Report

According to the latest report, Honor is considering a domestic listing in 2022, with a valuation of 45 billion US dollars. The data of the Chinese mobile phone market in the first quarter of this year given by the market research agency CINNO shows that the quarterly sales of Honor mobile phones ranked second, and the gap with the first OPPO was very small.

Join tip3x on Telegram

In March, it surpassed OPPO to take first place in the Chinese market. From October 2020, it took only a little more than a year to operate independently to win first place in the Chinese market.

After the independence of the Honor mobile phone, it has experienced a low point for about half a year. During the past six months, it has been working hard to solve the chip supply problem, negotiating and cooperating with Qualcomm and MediaTek.

In June 2021, Honor will launch the Qualcomm Snapdragon 778G chip, which represents its chip supply problem. After being resolved, it has entered a stage of rapid growth. Honor has not responded to the above news. Honor-related sources said that they have just seen the news internally and are formulating an external caliber.

(via)