HONOR Leads China’s Smartphone Scene, PH Next in Line for Triumph

According to the latest Canalys, IDC Worldwide Quarterly Mobile Phone Tracker, and Counterpoint’s Market Pulse Service studies for the third quarter of 2023, HONOR is a clear landslide winner getting the first spot for all reports. 

“This success gives us more confidence here in the Philippines to do even better and achieve greater heights sooner than later. We are very young, but you know what they say, the youngest is the most aggressive so better watch out for HONOR Philippines especially in 2024,” said HONOR Philippines Vice President Stephen Cheng. 

Although the smartphone market subsequently fell in China, it is still seen that HONOR had an outstanding annual growth with 1.8%, 1.1% and –1% in IDC, Counterpoint and Canalys respectively – the most impressive performance among other brands. In terms of market share, HONOR is without a doubt the No. 1 smartphone brand, getting 19.3% from IDC, 18.3% from Counterpoint, and 18% from Canalys with the second seed in both reports at 16-17%.  

This feat is led by HONOR taking over the foldable market having HONOR Magic V2 as the No. 1 choice among all foldable models in China, as authorized by IDC and Counterpoint.