(Bloomberg) — Honor Device Co., one of China’s biggest smartphone makers, plans to invest $10 billion over the next five years to become a contender in the artificial intelligence race.
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The Shenzhen-based company, which got its start as a spinoff from Huawei Technologies Co., announced a new corporate strategy that centers on building a device-centric AI ecosystem at Mobile World Congress. The funds for its investment push will come from the company and its…
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https://finance.yahoo.com/news/honor-device-pledges-10-billion-190224541.html
