Who Owns Honor?
Honor is owned by Honor Device Co., Ltd., an independent Chinese technology company. Originally established in 2013 as a Huawei sub-brand, Honor was sold by Huawei in November 2020 to a consortium of over 30 Chinese agents and dealers led by Shenzhen Zhixin New Information Technology Co., Ltd. Honor is now a fully independent, privately held company headquartered in Shenzhen, China.
Parent Company
Honor Device Co.
Acquired
2020
Status
Private
Headquarters
Shenzhen, Guangdong Province, China
Who Owns Honor?
- Parent Company: Honor Device Co.
- Ownership Type: Independent
- Acquisition Year: 2020
- Company Type: State-Owned
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Honor | Honor Device Co. | Independent |
History of Honor
- Founded: 2013
- Founders: Huawei (original creator)
- Acquired by Honor Device Co.: 2020
Honor was established by Huawei in 2013 as a dedicated sub-brand targeting younger, digitally native consumers seeking high-quality smartphones at competitive prices. This founding vision demonstrated exceptional insight into the growing demand for consumer electronics solutions while establishing a distinctive approach that would define the consumer electronics category for generations. The brand quickly gained market share in China and internationally through online-focused sales channels and aggressive pricing. This strategic positioning demonstrated Honor's exceptional ability to create differentiated consumer electronics solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
Throughout the mid-2010s, Honor grew rapidly, expanding from budget devices into mid-range and eventually premium smartphones. This period of excellence demonstrated Honor's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple consumer electronics segments. The brand developed its own identity distinct from Huawei, cultivating a younger, more tech-savvy customer base through online marketing, social media engagement, and partnerships with content creators. This strategic diversification demonstrated Honor's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the consumer electronics industry.
In November 2020, Huawei sold Honor to a consortium led by Shenzhen Zhixin New Information Technology for an estimated $15.2 billion. This continued evolution demonstrated Honor's exceptional ability to maintain market relevance while adapting to changing consumer electronics requirements and corporate dynamics. The sale was prompted by U.S. government sanctions that severely impacted Huawei's ability to source components and software for its consumer devices. This continued excellence demonstrates Honor's exceptional ability to maintain market leadership while adapting to changing consumer electronics dynamics and regulatory requirements. By divesting Honor, Huawei aimed to ensure the brand's survival as an independent entity free from sanctions restrictions. This strategic integration demonstrated Honor's exceptional ability to integrate into larger technology corporations while maintaining its core brand identity and cultural significance in the smartphone industry.
Following the separation, Honor regained access to Google Mobile Services, Qualcomm chipsets, and other critical technology partnerships that had been restricted under Huawei's ownership. This continued evolution demonstrated Honor's exceptional ability to maintain market relevance while adapting to changing consumer electronics requirements and technological advancements. The company launched its Magic series of premium smartphones, the Honor MagicBook laptop line, and expanded into tablets, wearables, and smart home devices. This strategic partnership demonstrated Honor's exceptional ability to leverage corporate resources while maintaining its distinct consumer electronics identity and market leadership. By 2025, Honor had delivered over 71 million smartphone shipments, a 50% year-over-year increase, with half of sales coming from overseas markets. According to IDC data, in the first three quarters of 2025, Honor led all top brands in overseas shipment growth in premium smartphone segments (above $300) and upper-mid tablets. Honor is reportedly setting up for a potential IPO in 2026, with international expansion serving as a key draw for prospective investors.
About Honor Device Co.
Honor designs and manufactures a comprehensive range of consumer electronics including smartphones, tablets, laptops, and wearable devices. The company positions itself as a technology innovator, focusing on artificial intelligence integration, camera technology, and design aesthetics that appeal to younger consumers.
Honor's product strategy emphasizes value for money, offering premium features and designs at competitive price points. The company's smartphones typically feature advanced camera systems, high-refresh-rate displays, and fast charging technology. Honor has also expanded into laptops and tablets, creating an ecosystem of interconnected devices.
The company operates globally with particularly strong presence in China, Europe, the Middle East, and select Asian markets. Honor has established research and development centers in multiple countries and maintains partnerships with technology suppliers including Qualcomm, Google, and various component manufacturers.
- Founded: 2013
- Headquarters: Shenzhen, China
- Company Type: State-Owned
- Revenue: not publicly disclosed
Where Is Honor Made / Based?
- Headquarters: Shenzhen, Guangdong Province, China
- Manufacturing / Operations: China, India, Vietnam
Honor Ownership: Pros & Cons
Advantages
- +Full independence from Huawei eliminates sanctions-related restrictions
- +Regained access to Google Mobile Services and Qualcomm chipsets
- +Strong R&D capabilities with over 8,000 engineers
- +Rapidly growing market share in China and international markets
- +Competitive pricing with flagship-level features and design
- +Freedom to establish independent partnerships and supply chain
Considerations
- -Building brand recognition independently without Huawei's established reputation
- -Intense competition from Samsung, Apple, Xiaomi, and other smartphone makers
- -Private ownership limits access to public capital markets for expansion funding
- -Geopolitical risks as a Chinese technology company operating globally
- -Need to establish independent after-sales service and support infrastructure
- -Dependency on external chipset suppliers and component manufacturers
Frequently Asked Questions About Honor
Sources & Further Reading
- Honor Official Website -
- Honor Investor Relations -
- GSMArena: Honor Sales Data -
- IDC Market Analysis Reports -
- Statista: Smartphone Market Data -
- Counterpoint Research -
- Canalys Market Analysis -
- Strategy Analytics -
- Chinese Smartphone Market Reports -- Industry analysis publications
- Technology Industry Analysis -- Market research and trend reports
- Consumer Electronics Association -
- Mobile World Congress -
- IFA Berlin -
- Consumer Electronics Show -
- Global Smartphone Tracker Reports -- Industry market research publications
- Technology Supply Chain Analysis -- Industry research and component supplier data
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Honor
No direct competitors found in the same category. This could be because Honoroperates in a unique market segment or we're still building our competitor database.
Jobs at Honor Device Co.
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