The company has confirmed that the Honor 70 series launch event will take place on May 30 in China. It will be a virtual launch event starting at 7:30 p.m. local time. We expect the company to announce three phones – Honor 70, 70 Pro and 70 Pro+.
A Honor is preparing to launch its next generation of flagship smartphones in its home market in China under the series Honor 70. Now the company has officially confirmed the release date of the upcoming smartphones.
The company has confirmed that the series launch event Honor 70 will take place on May 30 in China. It will be a virtual launch event starting at 7:30 p.m. local time. We expect the company to announce three phones – Honor 70, 70 Pro, and 70 Pro+.
it is expected that the Honor 70 present a filter BOE FHD+ 10bit offering a resolution of 2400 x 1080 pixels and a refresh rate of 120Hz. will be powered by the processor Snapdragon 7 Gen 1 and Qualcomm. A triple rear camera setup will have a 108-megapixel main sensor, an 8-megapixel ultra-wide sensor, and a 2-megapixel macro sensor. have a drums 4,800mAh with support for 66W fast charging.
On the other hand, the Honor 70 Pro will have a 10-bit LTPO OLED display and will offer a screen resolution of 2400 x 1200 pixels with a refresh rate of 120Hz. Will be powered by MediaTek Size 8100. The phone will have a 50-megapixel main camera, a 50-megapixel super wide-angle camera, and an 8-megapixel telephoto camera. Battery capacity and charging speed should be the same as the Honor 70.
Finally, the Honor 70 Pro+ has a 10-bit LTPO OLED display, offering a screen resolution of 2800×1300 pixels. It will be powered by MediaTek processor Size 9000. In the photography department there is a sensor sony 50MP IMX766, a 50MP ultra wide lens and a 12MP telephoto lens. The device is said to be powered by a 4600mAh battery with support for 100W fast charging.
Honor may go public in China
We recently heard that the Honor is considering a capital raise in 2022 by going public, seeking a US$45 billion valuation. Although Honor denies the rumours, we continue to believe this will happen in the near future. On April 25, 2022, in an interview, Zhao Ming, CEO of Honor says that after becoming independent of the HuaweiHonor’s performance has steadily increased.
“The diversification of shareholders and capital is the meaning of the company. The latter can attract more resources to help the business grow.”
We assume that this statement is a clear indication that the Honor intends to land on the capital market. Additionally, in November 2020, some informants said that after being sold by HuaweiHonor would retain most of its management team and more than 7,000 employees, and planned to go public within three years.
In August 2021, the company’s distributors said that the Honor informed major distributors that they may be listed in the near future and can purchase original shares with a subscription amount ranging from 5 million to 50 million yuan ($750,000 – $7.5 million) .
In early April 2022, some employees of Honor revealed that the brand requires employees to buy shares of the company After independence, the Honor will completely get rid of the negative impact of Huawei. But thanks to the tiered shareholding structure, Honor still has a solid track record when it comes to state-owned assets. This could lead to some political risks for Honor.