Q3 2023: Honor: Record High Market Share with Overseas Expansion
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In Q3 2023, Honor’s smartphone shipment increased by +14% YoY worldwide, driven by the solid growth in the overseas market. Its global smartphone volume share broke last quarter’s record and reached a record high level at 5.4%. Despite an annual ASP fall caused by the greater mix of mass-oriented models, Honor’s revenue increased annually in Q3 2023.