Honor: Chinese smartphone maker Honor announces new investors

Share This Post


Chinese smartphone maker Honor announced on Thursday new investors that included China Telecom and a unit of CICC Capital Corp, almost a year after it said it was planning an initial public offering (IPO).

Honor, a former unit of Huawei Technologies, did not disclose the amount of the investment.

Other backers include China’s Cornerstone, the Shenzhen city government’s SDG Group, and Jinshi Xingyao, an investment platform for Honor’s channel partners, Honor said.

The smartphone maker said last November it was pursuing an IPO, without disclosing a location or a timeframe for the listing.

Honor was mainland China’s third best-selling smartphone maker in the third quarter with 10.3 million shipments and a 15% market share, behind Vivo and Huawei, according to data from research firm Canalys.

  • Advanced C++ Mastery: OOPs and Template Techniques

    Web Development

    Advanced C++ Mastery: OOPs and Template Techniques

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Succession Planning Masterclass

    Strategy

    Succession Planning Masterclass

    By – Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.

  • Java 21 Essentials for Beginners: Build Strong Programming Foundations

    Web Development

    Java 21 Essentials for Beginners: Build Strong Programming Foundations

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Basics of Generative AI: Unveiling Tomorrow's Innovations

    Artificial Intelligence(AI)

    Basics of Generative AI: Unveiling Tomorrow’s Innovations

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Java Programming with ChatGPT: Learn using Generative AI

    Artificial Intelligence(AI)

    Java Programming with ChatGPT: Learn using Generative AI

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • SQL Server Bootcamp 2024: Transform from Beginner to Pro

    Data Science

    SQL Server Bootcamp 2024: Transform from Beginner to Pro

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Generative AI for Dynamic Java Web Applications with ChatGPT

    Artificial Intelligence(AI)

    Generative AI for Dynamic Java Web Applications with ChatGPT

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Mastering Microsoft Office: Word, Excel, PowerPoint, and 365

    Office Productivity

    Mastering Microsoft Office: Word, Excel, PowerPoint, and 365

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Django & PostgreSQL Mastery: Build Professional Web Applications

    Web Development

    Django & PostgreSQL Mastery: Build Professional Web Applications

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Financial Literacy i.e Lets Crack the Billionaire Code

    Finance

    Financial Literacy i.e Lets Crack the Billionaire Code

    By – CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator

  • A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

    Web Development

    A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • AI and Analytics based Business Strategy

    Artificial Intelligence(AI)

    AI and Analytics based Business Strategy

    By – Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI

  • Advanced Excel Course - Financial Calculations & Excel Made Easy

    Office Productivity

    Advanced Excel Course – Financial Calculations & Excel Made Easy

    By – Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant

  • Future of Marketing & Branding Masterclass

    Marketing

    Future of Marketing & Branding Masterclass

    By – Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant

  • Tabnine AI Masterclass: Optimize Your Coding Efficiency

    Artificial Intelligence(AI)

    Tabnine AI Masterclass: Optimize Your Coding Efficiency

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Digital Marketing Masterclass by Pam Moore

    Marketing

    Digital Marketing Masterclass by Pam Moore

    By – Pam Moore, Digital Transformation and Social Media Expert

  • A2Z Of Money

    Finance

    A2Z Of Money

    By – elearnmarkets, Financial Education by StockEdge

  • Human Potential and the Future of Employment

    HR

    Human Potential and the Future of Employment

    By – Lynda Gratton, Prof. at London Business School, Speaker, Author, Global Thought Leader

  • Modern Marketing Masterclass by Seth Godin

    Marketing

    Modern Marketing Masterclass by Seth Godin

    By – Seth Godin, Former dot com Business Executive and Best Selling Author

  • SQL for Data Science along with Data Analytics and Data Visualization

    Data Science

    SQL for Data Science along with Data Analytics and Data Visualization

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT

    Web Development

    JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Mastering C++ Fundamentals with Generative AI: A Hands-On

    Artificial Intelligence(AI)

    Mastering C++ Fundamentals with Generative AI: A Hands-On

    By – Metla Sudha Sekhar, IT Specialist and Developer


Honor obtained an undisclosed amount of investment from China Mobile in August.

Discover the stories of your interest


That same month, Reuters reported that the company had received an unusually high level of support from the government in its hometown Shenzhen, including funding for research and development as well as tax breaks.



Source link

spot_img

Related Posts

spot_img