Q4 2023: Honor: Number Two in China, Solid Overseas Expansion
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Driven by the solid growth in overseas markets, Honor’s global smartphone shipment increased 14% YoY to 16.5 million units this quarter. Despite shipment fall in China, Honor maintained its leadership in the Android campaign in the domestic market, ranking second behind Apple only in Q4 2023. Along with rising ASP, Honor registered significant wholesale revenue growth globally on a year-over-year basis.