China's Honor unveils 'thinnest' foldable phone amid market slowdown

Smartphone maker focuses on expansion in Europe, Latin America, Asia-Pacific

20230901 Honor 2

Honor launched its latest foldable smartphone in Berlin on Sept. 1, describing it as thinner and lighter than any other on the market. (Photo courtesy of Honor) 

CHENG TING-FANG and LAULY LI, Nikkei Asia tech correspondents

TAIPEI -- Chinese smartphone maker Honor is betting big on foldable phones -- the only segment of the smartphone market that is growing this year -- with hopes of expanding in markets in Europe, Latin America and the Asia-Pacific.

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