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Honor CEO Zhao Ming Responds to the Latest Developments in the Automotive Business: Fierce Competition, Honor is Not Lacking

Hei Bai Thu, May 30 2024 09:10 AM EST

In an interview segment following a recent press conference on May 28th, Honor CEO Zhao Ming responded to the latest developments in Honor's automotive business.

Zhao Ming mentioned that the automotive industry has been buzzing with information lately, presenting consumers with numerous choices. However, Honor remains focused on its own development, striving to maintain an innovative edge in AI and industrial development.

Emphasizing the technological similarities between the automotive industry and Honor's current focus on the smartphone business, such as computing power, AI technology, and visual technology, Zhao Ming stated that Honor will stay true to its own path, concentrating on innovation and development in the smartphone business.

Furthermore, Zhao Ming revealed that Honor is actively collaborating with major automotive companies. Upholding an open value proposition, Honor plans to leverage its technological capabilities in the smartphone field to empower the automotive industry.

Zhao Ming believes that due to the lack of mobile and terminal solutions in most automotive companies, the collaboration between Honor and automotive companies will create greater value.

Addressing the competitive landscape in the automotive industry, Zhao Ming candidly pointed out that the competition in the automotive sector is already intense, and the market is not lacking a brand like Honor.

Therefore, Honor has chosen to focus on doing more valuable things, which involve collaborating with automotive companies to jointly explore and drive industry development. 82a1b71c-b8c4-40b4-80c3-061e651ad597.jpg