Honor has now taken the veils off its Magic V3 foldable smartphone for the global markets. This move steps up direct competition with Samsung in the emerging foldable space. This decision is one of the strategic priorities of Honor’s development in the international market. The company pays much attention to the top-end segment.

The Magic V3 is the slimmest smartphone in the world, with a thickness of 9mm. It is as thin as 2 millimeters when closed, beating Samsung’s Galaxy Z Fold 6. Honor has pointed out the phone’s artificial intelligent prowess, including the magic portal. This feature makes it possible to work simultaneously, transferring files and documents between applications.

Honor’s chase after the foldable market is driven by the segment’s significant growth. Global shipments annually increased by 48% year-on-year during Q2 of 2024. The company is eyeing Western Europe, Asia Pacific, and Latin America, where shipments have risen over 100%.

Honor will distribute the Magic V3 in countries like the UK, France, Germany, Italy, and Spain, and also release it in the Middle East, Asia Pacific, Africa, and other regions, demonstrating its commitment to expanding its international market share.

Honor’s position is strengthening, and the competition in the foldable market is growing. Google recently entered the foldable phones market with their next-generation phone. Like its mother company Huawei, Honor ventured into smartphones to gain market share. Honor is launching many phones to become the next biggest thing in the global market.