Honor secured access to critical device components from US manufacturers including Qualcomm, Intel and Micron Technology which had been disrupted by trade sanctions imposed on the vendor’s former parent Huawei, China Daily reported.
CEO Zhao Ming told the state-owned news outlet nearly all of its suppliers had resumed shipments and there were now almost no restrictions.
Huawei sold the brand and associated assets to a domestic consortium in November 2020, reportedly to boost sales of its own-brand devices.
At the time, the vendor said the CNY100 billion ($15.4 billion) sale to Shenzhen Zhixin New Information Technology Co followed “tremendous pressure” relating to “a persistent unavailablity of technical elements needed for our mobile phone business”.
It tipped the move to “help Honor’s channel sellers and suppliers make it through this difficult time”.
Honor today (22 January) unveiled its first handset as an independent company.
The V40 series 5G smartphone features a 6.67-inch display, with prices starting at CNY3,599.Subscribe to our daily newsletter Back