Honorary device promises $ 10 billion for AI on offer to be more than a phone manufacturer
(Bloomberg) – Honor Device Co., one of the largest Chinese smartphone manufacturers, plans to invest $ 10 billion in the next five years to become a candidate in the artificial intelligence race.
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A company based in Shenzhen, which started as Spinoff from Huawei Technologies Co., has announced a new corporate strategy that focuses on the construction of AI ecosystems aimed at a device on the Mobile World Congress. The funds for his investment incentive will come from the company and his investors, said the representative of the Honor, without giving further details. Honovi’s largest supporters are the subjects of local government, and among its investors there is a Boe Technology Group Co. screen manufacturer. and two Chinese mobile carriers.
The newly appointed director James Li, who set up Partners Qualcomm Inc. plan on Sunday. and Alphabet Inc., launched a company plan at the largest gathering of the mobile industry in Barcelona on Sunday. Honor did not determine what he would spend money on, except to say that he would work with the global supply chain and partners for transportation, such as Orange and Telefoli, to create a “new paradigm for AI devices at agent AI ERI.”
Honor joins the rush towards Ai across the industry, which was specifically declared in China after the breakthrough debut of Deepseek’s Chatbot explanation. Main Internet companies in the country, from Alibaba Group Holding Ltd. To Tencent Holdings Ltd Honor aims to play a role in a users competition by taking the device as its starting point.
The company’s approach is also characteristic of its close collaboration with American partners. Honor collaborates with Google Cloud on the development of his AI agent and integrates Google’s twins deep into his phone software. At MWC, the company also presented AI PC on Windows at Magicbook Pro 14, adding collaboration with Microsoft Corp.
Questions last about the potential of bringing new AI technologies and chatbot, with several companies betting on technology to initiate hardware upgrades. Samsung Electronics Co. He made a great impetus in that direction last year, along with Apple Inc. launching Apple Intelligence on the iPhone 16. Honor will need to be measured against these ventures, as well as in the increase in domestic competition in China.
