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Honor released a new generation of smartwatch Honor Watch 4 last night. This watch comes with many eye-catching features such as eSIM independent calling, dual standby function and 10 days of long battery life.
The editor understands that Wingtech Technology will provide comprehensive ODM solutions for the research and development, design, production and supply chain management of Honor Watch 4. As one of the three largest ODM companies in China, Wingtech Technology's revenue in 2022 will mainly come from product integration business and semiconductor chip business. The company's product integration business achieved revenue of up to 395.1 billion yuan, accounting for 71.05% of the company's main business revenue.
Wingtech Technology faces challenges in its mobile phone ODM business as global smartphone shipments have declined in the past two years. In order to cope with this situation, Wingtech Technology has adjusted its ODM business strategy and achieved diversified development in the fields of mobile phones, tablets, laptops, artificial intelligence Internet of Things (AIoT), automotive electronics and servers.
The release of Honor Watch 4 is of great significance to both the Honor brand and Wingtech Technology. This cooperation will further enhance Wingtech Technology’s competitiveness in the smart watch market and bring new business opportunities and business growth points to Honor. The two parties have brought more diverse and high-quality smart watch choices to consumers, while injecting new vitality into the development of the industry.
With the continuous development and innovation of the smart wearable device market, it is expected that Honor Watch 4 will become the ideal choice for users to pursue smart life. At the same time, Wingtech Technology will continue to increase investment in ODM business in multiple fields to respond to market changes and demand diversification. This will bring greater opportunities to enterprises and promote the development process of the entire industry.
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