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honor invests 10 billion in ai to enhance smart device ecosystem

Honor is investing $10 billion over the next five years to enhance AI capabilities across its devices, aiming to create a connected ecosystem that includes PCs, tablets, and wearables. As the company prepares for a public listing, it seeks to differentiate itself in the competitive smartphone market, where it currently holds a 14.9% share. Supported by the Shenzhen government, Honor's strategy focuses on integrating AI to improve user experiences and performance, positioning itself for future growth.

Honor to invest 10 billion in AI ahead of public listing

Honor, the Chinese smartphone maker, plans to invest $10 billion over the next five years in AI development as it prepares for a public listing. CEO James Li announced the company's ambition to expand beyond smartphones into AI-powered PCs, tablets, and wearables at the Mobile World Congress in Barcelona. This move comes amid a surge in AI investment in China, with Honor receiving significant support from the Shenzhen local government for research and development.

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