Shulou(Shulou.com)11/24 Report--

CTOnews.com, June 8, according to the latest report released by market research agency Counterpoint Research, against the background of a double-digit decline in shipments of most smartphone brands in the world in the first quarter of 2023, the HONOR brand has bucked the trend and expanded rapidly in overseas markets.

The report points out that shipments of Honor-branded phones in the first quarter of 2023 were about four times that of the same period last year, while the only mobile phone brand that achieved growth in the same period was HMD.

Founded in November 2020, Glory has seen particularly significant growth in Europe, the Middle East and Africa, and Latin America, with shipments increasing more than fivefold, sixfold and eightfold, respectively.

Glory has completed the coverage of high, middle and low gears. The main contents of the report attached by CTOnews.com are as follows:

At the high end of the market, starting with Magic4 Pro, the flagship Magic series has performed well in France, Germany and the UK.

In the mid-market, the Glory 50 and 50 Lite are the main products sold by Glory in the first quarter of 2022, and the best seller in the first quarter of this year is the Glory 70, which has performed very well in the European market.

In the entry market, the X series performed well in Italy and Eastern Europe.

The full report can be accessed here.

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