Honor Phones India: HonorTech CEO Madhav Sheth told PTI that the company will aim to garner 4-5 per cent market share in terms of volume by end of next year, which will translate to a revenue of Rs 10,000 crore for the company.
HonorTech will relaunch the Honor brand of smartphones in the country in September with plans to initially invest Rs 1,000 crore in the business, a senior company official said.
For the relaunch, HonorTech is going to work under a licensing deal with a Chinese smart devices company Honor, in
HonorTech will relaunch the Honor brand of smartphones in the country in September with plans to initially invest Rs 1,000 crore in the business. Honor brand was launched and owned by Chinese telecom major Huawei which sold it to another Chinese firm Shenzhen Zhixin New Information Technology in November 2020.
Get latest articles and stories on Latest News at LatestLY. HonorTech will relaunch the Honor brand of smartphones in the country in September with plans to initially invest Rs 1,000 crore in the business, a senior company official said. Latest News | HonorTech to Relaunch Honor Brand of Phones, to Invest Rs 1,000 Cr.