CNBC March 2, 2025
Key Points
– Honor on Sunday pledged $10 billion in artificial intelligence investments over the next five years.
– The Chinese smartphone company also announced deepening ties with Google around Android updates and an AI agent.
– Honor is looking to expand outside of China and push into the higher-end part of the market where Apple and Samsung play.
BARCELONA — Honor on Sunday pledged $10 billion in artificial intelligence investments over the next five years and announced a deepening partnership with Google, as the Chinese smartphone maker looks to bolster its market share overseas.
The investment plan, revealed at Mobile World Congress in Barcelona, is designed to reposition the firm from a smartphone player into an “AI device ecosystem...
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