What you need to know
- Honor is bucking the slowdown, with shipments jumping 35% in the Middle East even as the overall market fell 13%.
- Honor is also gaining across multiple regions: Shipments climbed 53% in Africa and 15% in Southeast Asia, with strong growth in Malaysia and the Philippines.
- Competitors like Xiaomi, Oppo, and Vivo suffered double-digit global shipment drops in Q2 due to their heavy exposure to budget segments hit by component costs.