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Honor Aims to make $2.3bn Globally By Selling Wearables: Tech Report

In terms of Internet connected devices the wearable market is growing a very fast rate and soon the traditional watches will be outdated

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Honor
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.

Honor
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.

Honor
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.

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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)

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Apple Plans to Unveil “Completely Wireless” iPhone

Furthermore, a note also mentions the five new phones that Apple will release in the year 2020

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Apple
Recently, the J.P. Morgan report claimed that in 2021, Apple could change how it releases iPhones. The iPhone maker could decide to release phones twice a year, instead of the single release in the fall. Pixabay

Noted analyst Ming-Chi Kuo has revealed that Apple is planning to launch a “completely wireless” iPhone in 2021, suggesting that the iPhone maker is not switching to USB-C, but rather dropping the port entirely.

“Apple will create more differentiation between the highest-end and high-end models. It will benefit the shipment of the highest-end model and iPhone ASP. Among new 2H21 iPhone models, we expect that the highest-end model would cancel the [Lightning] port and provide the completely wireless experience,” Kuo said in a research note, MacRumors reported recently.

Furthermore, the note also mentions the five new phones that Apple will release in the year 2020.

One 6.7-inch high-end iPhone, two 6.1-inch iPhones and one entry-level 5.4-inch iPhone, each of which would also have support for Sub-6GHz and/or mmWave 5G.

Apple
Noted analyst Ming-Chi Kuo has revealed that Apple is planning to launch a “completely wireless” iPhone in 2021, suggesting that the iPhone maker is not switching to USB-C, but rather dropping the port entirely. Pixabay

Kuo also expects a new iPhone SE to be coming sometime in the first half of 2020. It is expected to have a 4.7-inch display and mimic the size and design of the iPhone 8 with updated internals, and an updated single camera.

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Recently, the J.P. Morgan report claimed that in 2021, Apple could change how it releases iPhones. The iPhone maker could decide to release phones twice a year, instead of the single release in the fall. (IANS)