In response to the recent report about resuming business in India,My Young Master (2019) Korean movie Chinese phone maker Honor issued a statement saying it would continue to sell its phones through local distributors and had no connection with the Indian firm Honor Tech. Currently, Honor is cooperating with PSAV Global, a local firm that offers a network of over 5,000 retailers and distributors across India. Last July, Honor announced its retreat from India after Indian authorities began scrutinizing several major Chinese smartphone brands. In the second quarter, Indian smartphone sales stabilized at 36.1 million units, a decline of 1%, signaling a slight recovery after three-quarters of the decline, according to analyst firm Canalys. [IThome, in Chinese]
