{
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}

honor secures new investors as it prepares for initial public offering

Chinese smartphone company Honor has secured new investments from China Telecom, CICC Capital, Cornerstone, and SDG as it prepares for an IPO, following its spinoff from Huawei in 2020. The company plans to restructure its shareholders and initiate the IPO process in the fourth quarter of 2023. Recently, Honor launched its Magic7 series, featuring AI capabilities for enhanced user interaction.
CNBC
CHINA TELECOM CICC Capital CHN Arjun Kharpal
Technology & Innovation, News Article
03:30 31.10.2024
Trending
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