George Zhao, CEO of Honor Device Co. Ltd, speaking at Qualcomm’s summit in China. HonorAs recently as a couple of years ago, Huawei smartphones were the number two best sellers in the industry worldwide, and number one in its home country by miles. This fixes one of two problems crippling Huawei’s smartphones right now—the lack of chip supply after Washington cut off Huawei’s access to vendors. The result is that Honor’s next smartphone will be the first phone in the world to use Qualcomm’s new Snapdragon 778G chip. George Zhao on stage at Qualcomm’s China event.

Source: Forbes May 24, 2021 05:26 UTC