Honor CEO Takes Aim at iPhone in China With Foldable Phone
- Slowing iPhone upgrade cycle opens competition, Zhao says
- Chinese smartphone maker plans to make inroads in Europe
Honor Magic V2 phones.
Source: Honor Device Co.This article is for subscribers only.
The absence of a foldable phone in Apple Inc.’s portfolio is creating an opening for rivals to overtake the iPhone maker, according to Honor Device Co.’s chief executive officer.
The Shenzhen-based firm on Wednesday rolled out its latest foldable device, the Magic V2, which measures less than 10mm thick. The phone has a regular glass display comparable to the iPhone 14 Pro on its exterior and a 7.92-inch foldable OLED screen on the inside.