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Honor phones India: HonorTech to relaunch Honor brand of phones, to invest Rs 1,000 cr - Vimarsana News

Honor phones India: HonorTech to relaunch Honor brand of phones, to invest Rs 1,000 cr

HonorTech will relaunch the Honor brand of smartphones in the country in September with plans to initially invest Rs 1,000 crore in the business. Honor brand was launched and owned by Chinese telecom major Huawei which sold it to another Chinese firm Shenzhen Zhixin New Information Technology in November 2020.

Rs 1000 crore investment and technology transfer: Madhav Sheth's plan to launch Honor in India, ET Telecom - Vimarsana News

Rs 1000 crore investment and technology transfer: Madhav Sheth's plan to launch Honor in India, ET Telecom

HonorTech will be a full-fledged player and launch Honor-branded smartphones in the $100-$1000 price range, including foldable devices. It will also launch tablets, wearables and laptops next year.