Never miss a story

Get subscribed to our newsletter


×
Honor, which is aiming to dominate the wearable segment of the smart devices, said it is also targeting $5.5 billion by 2022 globally from this segment.(Representational Image). Pixabay

Chinese smartphone maker Honor, which considers India a big market for its products, is aiming to make $2.3 billion globally by selling wearables next year, a top company executive has said.

“India is a huge market for Honor. In terms of launching smart devices, right now the company is focused on wearables because the import duty on them is less while on AI screens or smart TVs the duties are extremely high,” Daniel Tan, Vice President of Honor Smart Life, told IANS here.


“To overcome this challenge, we would work on establishing our own manufacturing unit or assembling unit for AI devices in India,” he added.

Several smartphone manufacturers have already started selling their smart TVs in India including Xiaomi and OnePlus, while Nokia is planning to launch its smart TVs in India in partnership with Flipkart on December 5.

“We are less concentrating on introducing AI screens right now in India but we will definitely launch our other products specially recently launched laptops in our domestic market,” Tan noted.

“For smart TVs it will take some time as we need to work with local content providers for our TVs,” the executive added.


Chinese smartphone maker Honor, which considers India a big market for its products, is aiming to make $2.3 billion globally by selling wearables next year, a top company executive has said. Wikimedia Commons

The focus now is on enabling millennials across the world to lead their life with smart as well as secure IoT (Internet of Things) devices, where the users data are completely secure, so that users would accept their products with open arms, said Honor, which is a sub-brand of tech giant Huawei.

As the concern related to personal data has increased over a period of time, it is the task of the companies to make sure that the data of users are safe and we are completely focused on the very same, Tan said.

“Data is something which is a very sensitive and there are international regulations related to user data and no brand is allowed or rather should assess their user data. We as a tech giant are more focused on making our end customer rely on us when it comes to their personal data.

“We are committed not to share anything related to data to anyone, including government, until and unless it is related to international criminal,” Tan said.

With Internet-connected devices, the firm is focused on wearable devices specially smartwatch more because of its demand.


India is a huge market for Honor. In terms of launching smart devices, right now the company is focused on wearables because the import duty on them is less while on AI screens or smart TVs the duties are extremely high. (Representational Image). Pixabay

“In terms of Internet connected devices the wearable market is growing a very fast rate and soon the traditional watches will be outdated. The company is looking forward to take on watch makers like Rolex because with these watches the customers buy luxury, but with smartwatches they buy usage,” he added.

ALSO READ: Amazon Rainforest Fires May Increase Glacier Melting: Study

Honor, which is aiming to dominate the wearable segment of the smart devices, said it is also targeting $5.5 billion by 2022 globally from this segment. (IANS)


Popular

wikimedia commons

Mortgage loan graph

By- Blogger Indifi

EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.

Keep Reading Show less
Photo by Flickr.

Swastika, one of the sacred symbols used by many religions like Hinduism, Jainism, and Buddhism.

The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.

The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.

Keep Reading Show less
Pixabay

Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance

India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.

Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.

Keep reading... Show less