Honor has been an independent brand for two months and is no longer part of Huawei. Since the Chinese tech giant broke away, the company has been struggling to organize its supply chain.
A few weeks ago, it was confirmed that Honor was negotiating with Qualcomm on chipset supply. Now, according to the latest report from China, it seems that both companies have reached an agreement that Qualcomm will provide chips for Honor’s upcoming smartphones.
Honor is no longer part of Huawei, so the restrictions on Chinese giants do not apply to Honor, which paves the way for Qualcomm and other suppliers such as MediaTek to provide components to newly established entities.
Recently, there have been reports that Honor plans to produce more than 100 million smartphones and has communicated this goal to its suppliers. The company’s ability to establish partnerships with suppliers and effectively establish its supply chain and production capabilities will play an important role in this process.
In addition, the company is also committed to expanding its market share by opening new stores in China. The company’s official online store, Honor Mall, will all be opened next week.
If these reports are believed, the company will have several new products available, including smartphones such as the Honor V40 series and Honor SmartScreen smart TVs.