While Huawei remains a Chinese multinational, the company’s recent business dealings in India, for example, deal to sell off its Honor telephone, have caused plenty of alarm. It seems that the Chinese maker is getting cozy with India’s political establishment and is working towards expanding its footprint in the country.
In the first place, the fact that Honor has been sold off is a direct consequence of the recent economic slowdown in China. The Chinese government has issued warnings to exporters not to purchase Honor telephones, which will lead to some losses for Huawei. Since many Chinese companies have seen their stocks crash due to this warning, the Chinese company was forced to consider selling off the Honor phone, which is one of the best Android smartphones currently available on the market. And what is more, Huawei plans to launch its phones from scratch in India, with Honor phones that were previously manufactured by the Chinese company currently being sold under the exact same brand name.
But that is not all – yet another reason for Honor being sold off is that the company is struggling to meet demand for its smartphones. The business has already released two versions of the Honor handset – the Honor 10 as well as the Dominion 4i. With the launch of Honor 4i, however, the company recognized it needs to provide more than only a phone that has the best camera on the market. So instead of offering the identical telephone in both the Honor 4i and Honor 10, the business has decided to bundle them in order to make the costs more competitive in the market. With the combination of both phones, the company expects to achieve greater success in India.
Huawei is also hoping to make itself look a bit more professional in the Indian markets. A high number of multinational corporations have set up offices in India, which has made it easier for Huawei to do business. Also, as a relatively new entrant into the Indian market, Huawei will need to work on some of the issues that face most large multinational companies. There are some areas where Huawei will need to improve in terms of service. However, the company plans to do so through some fundamental adjustments and by enhancing the quality of its goods, which is 1 way of convincing customers that its products are worth investing in.
1 thing that we can be sure of however, when Huawei announces plans to sell off its Honor phone is that the company will continue to grow and expand in India. and elsewhere. Huawei will be able to increase its market penetration in India, where there are lots of other Indian brands that offer similar phones that are even better in some ways than the Honor mobile is.
So, what’s next for Huawei? Well, we can make certain the company will continue to expand its network reach and will continue to invest in other emerging markets such as Brazil and Turkey. Even if the Honor phone is no longer on top of the market, it’s not going to go out of business. Huawei has already invested millions of dollars in the development of the device, so it will find a home in one of the greatest smartphone markets of the world