Honor (brand) founded by Huawei
History
Honor was founded in 2013 as a Huawei sub-brand. Honor's line of smartphones allowed Huawei to compete with mid-range online smartphone brands in China and globally. Honor primarily sells products online, but some Honor products are also available at stores in selected markets.In November 2020, the Honor brand was sold to Shenzhen Zhixin New Information Technology, a majority state-owned company controlled by the Shenzhen municipal government, to "ensure" its then-parent company, Huawei's survival, due to US sanctions against them. U.S. sanctions restricted the sale of hardware components to Huawei by American firms.