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Honor, the Chinese smartphone maker spun off from Huawei, has announced a $10 billion investment over five years to enhance its AI capabilities and compete with Apple and Samsung. This initiative includes a partnership with Google to develop an AI device ecosystem and a commitment to seven years of Android updates for its flagship Magic series smartphones. Honor aims to expand its market share beyond China, having increased its global presence from 1.7% in 2023 to 2.3% in 2024.
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Honor invests 10 billion dollars to enhance AI and smartphone competitiveness
03:02 03.03.2025
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