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Honor is going to lead the smartphone market and has no plans to make cars

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Honor CEO Zhao Ming said yesterday that his company will focus on the mobile phone market and become the most successful smartphone manufacturer in China and the world. However, he added that Honor is not going to deal with cars.

There are so many car manufacturers on the market today, he said, so Honor is going to do what the company does best. The company wants to be the best at what it does, so there won’t be any experiments with cars in the short term.

Recently, more and more companies have entered the automotive market that were previously engaged in the production of smartphones and other consumer electronics. Among these companies, it is worth highlighting Huawei, Xiaomi, 360 and other manufacturers.

With regard to Honor’s potential leadership in the global smartphone market, Lu Weibong, who is President of Xiaomi Group China and CEO of Redmi, made a similar statement. He hopes Xiaomi will lead the global market in 2023.

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