China's Honor pledges $10 billion AI investment and deepens ties with Google in global push

Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone. Nurphoto | Nurphoto | Getty Images BARCELONA — Honor on Sunday pledged $10 billion in artificial intelligence investments over the next five years and announced a deepening partnership with Google, as the Chinese smartphone maker looks to bolster its market share overseas. The investment plan, revealed at Mobile World Congress in Barcelona, is designed to reposition the firm from a smartphone player into an "AI device ecosystem company," according to Honor. The Chinese company is somewhat of an upstart in the smartphone world, after spinning off from Huawei in 2020 when the tech giant was hit with U.S. sanctions. Since then, Honor has looked to expand outside of China and push into the higher-end part of the market where Apple and Samsung play. The company has made some headway by releasing some innovative devices, including foldable phones, but it still remains a small player globall ... Read full article.