HONOR achieved 200 percent sales growth, Fortune Global Forum 2023 claims

Based on the Global Forum 2023, HONOR has achieved a 200 percent growth in sales this year.

Fortune Global Forum 2023

Massive sales growth from HONOR this 2023!

HONOR, a global technology brand, is leading the way in foldable innovation and eye comfort technology, with a projected 200 percent growth in international markets this year. The brand talked about human-centric technologies as part of the insightful discussion titled "A New Intelligent World: What's Next for Smart Devices" at the Fortune Global Forum 2023 in Abu Dhabi.

We believe human-centric innovations will enable new possibilities for the next generation of smart devices. Foldables are on the cusp of going mainstream, on-device AI is paving the way for a transformative era, and human-centric technologies, such as eye comfort display technology, are enhancing human-device interaction experiences. From our perspective, this is what’s next for smart devices,” said Dr. Ray Guo, Chief Marketing Officer (CMO) of HONOR Device Co. Ltd.

Based on World Health Organization's (WHO) data there are at least 2.2B billion people who are experiencing vision impairment or blindness in the world. 1 billion of them have a vision impairment that could have been mitigated or has yet to be addressed. This looming issue became HONOR's primary priority, spending more than USD 140 million on display technology research and creating more than 500 display-related patents.

The Magic V2

Back in the day, users of foldables are experiencing dilemmas in portability, durability, and battery life. Now devices particularly the HONOR Magic V2 are designed to be thin and light in weight as a regular flagship device while also bringing all the benefits of an immersive foldable display. As per the brand's claims, it can withstand up to 400,000 folds representing durability, and includes silicon-carbon battery tech for all-day battery life.

After addressing these consumer problems, HONOR has recently hit a notable achievement in producing 1 million foldables from its factory. The Magic V2 is currently rated the no.1 best-selling foldable in China, clinching 25 percent of the share of the expanding foldable market as a single model based on Omdia industry analysts. 

Apart from that, AI was also among the topics in the discussion. As such, HONOR has invested in AI for years, revealing platform-level AI to improve smartphone user experience with intention-based AI services. During the Qualcomm Snapdragon Summit in October, HONOR showed its upcoming Magic smartphone that will feature On-device LLM powered by the SD8G3 SoC. The brand believes in a hybrid AI model, utilizing on-device AI for personalized content and services while ensuring user privacy with data staying on the device.

What do you guys think?