Honor posts steady growth despite shrinking smartphone market

Huawei's sub brand Honor posted strong growth in Q3 of 2018. Its shipments in Q3 of 2018 went up 27.1% that's despite a 3.1% global slowdown in smartphone shipments. However, that's lower than the 32.9% overall growth posted by Huawei, suggesting that the sub-brand is doing worse than its parent. Honor also says that it now ranks first in market share in the mid and high-end online channel market for the same period - an enviable feat for such a young company. The company says it's on track to achieving its goal of becoming a Top 5 manufacturer in the next three years and Top 3 in the next...

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