Smartphones

Robust orders come as smartphone industry faces severe parts shortages.

Smartphone maker sees opportunity to grow in neighboring market.

Honor aims to be number one in the Chinese smartphone market, according to CEO Zhao Ming.

VinSmart will manufacture the phones in collaboration with chipmaker Qualcomm.

Huawei and Honor are absent from the list of early adopters of the chip.

Xiaomi, Huawei, and Oppo currently take nearly 66% of the country’s mobile market share.

The company’s IoT business also showed promising signs of recovery following a slowdown due to the pandemic.

Oppo’s latest release follows Xiaomi’s wraparound display and Huawei’s foldable display.