HONOR has a 3-year plan to increase global market share considerably

AH HONOR logo MWC 2024 image 1 jpg.webp

HONOR has been doing great for years now. The is doing great in both China and Europe, and it’s planning to continue growing. HONOR actually has a 3-year plan to increase its global market share quite considerably.

HONOR has a plan to increase its presence/sales in global markets, a 3-year plan

According to the company’s CEO, George Zhao, HONOR plans to increase its global smartphone sales to over 50% of its total sales in the next 3 years. That figure currently sits at 20%, reports GizmoChina.

The CEO added that the key lies in HONOR’s presence in key markets like Latin America (LATAM) and the Middle East and Africa (MEA). The company’s affordable X series and mid-range series phones (the ones with numbers added, such as the HONOR 50, 70, 90, and so on). As already mentioned, HONOR is doing great in Europe, but it’s planning to expand in that area too.

HONOR’s smartphone sales grew more than 200% in the EU in 2023 (YoY). HONOR also predicts a 100% growth for 2024, which would be yet another great feat by the company.

HONOR announced some very compelling hardware & software at MWC 2024

During the Mobile World Congress (MWC) in Barcelona, HONOR had plenty to say. It announced its HONOR Magic6 Pro flagship for global markets, and the company did the same with the Porsche Design HONOR Magic V2 RSR.

In addition to that, the HONOR Pad 9 was also presented to global consumers, and the same goes for the HONOR MagicBook Pro 16. HONOR’s MagicOS 8.0 which runs on the company’s newest hardware also got some love.

HONOR is not slowing down, however. Next month, the Porsche Design HONOR Magic6 RSR is coming. That’s something HONOR already confirmed recently, basically right after its press event in Barcelona.

There’s plenty to look forward to when it comes to HONOR. The company’s products are getting more and more interesting, that’s for sure.