The Honor brand will become the third largest smartphone brand in China

♣  According to Counterpoint research, Honor was ahead of Xiaomi in terms of smartphone sales in China in August, becoming Hon'ble China's third-largest smartphone brand with a monthly 18% increase in monthly Honor smartphone sales.

♣ According to the above reports, VIVO is the number one smartphone maker in China, followed by OPPO and Honor.

♣ According to Tarun Pathak, Research Director at Counterpoint, Honor has been able to successfully redesign its smartphone business since its separation from Huawei, which has had a direct impact on Honor's ability to restore relationships with component suppliers. 

♣ Also, according to Varun Mishra, Senior Analyst at Counterpoint Research, the Chinese smartphone market has undergone significant changes over the past year, with OPPO, Vivo and Xiaomi expanding their products aggressively in China.

♣ With the release of the iPhone 13, Apple has a significant chance to capture Huawei's premium segment, which is expected to intensify competition in the Chinese market in the future. However, it will be difficult to predict Honor's global market until Honor rebuilds its distribution network.