On March 18, Honor CEO Zhao Ming at Honor’s development goals in an internal communication event stated that Honor may be the largest startup company in China. Zhao Ming said that Honor wants to hit the high-end market and will bring new products soon.
When talking about the development goals of New Honor, Zhao Ming said: “We believe that Honor will soon reach the scale of 100 billion yuan and become a Fortune 500 in the world.”
In November 2020, Huawei Investment Holding Co., Ltd. announced that it has decided to sell the assets of Honor business as a whole. The purchaser is Shenzhen Zhixin New Information Technology Co., Ltd.
In previous interviews, Zhao Ming also thanked Huawei many times for giving Honor a chance to stand on Huawei’s shoulders and continue to set off.