George Zhao Ming, the CEO of Honor, has recently made a statement to provide clarity on the company's stance on developing their own advanced chips. According to him, the company has absolutely no intentions of venturing into this area as they believe that other companies such as Qualcomm and MediaTek currently produce the best solutions.

The CEO was emphatic that Honor’s focus would remain on the development of noncore chips, citing their C1, a self-made radio frequency communication device designed to enhance 5G signals as an example. The C1 was announced and unveiled by Honor back in March.

A significant factor to consider is that rather than spending valuable resources and time churning out their own advanced chips, the company can leverage the ones of the highest quality already available on the market. By doing this, Honor can concentrate more on their primary products and make significant advancements in those areas.

To put its plan into perspective, taking the services of companies like Qualcomm and MediaTek eliminates the need for Honor to focus on chip development. These firms have been in the business for a substantial period and have arguably the best offerings in the market.

Ming's declaration doesn't necessarily mean they are not investing in technology. On the contrary, they are focusing their resources on technology they see as essential to the company's future. For instance, the C1 chip was developed to support 5G technology, which is a key component of their future strategy.

Despite the ambition of many smartphone manufacturers to create their own chips, Honor's perspective is quite different. However, this specific strategy can provide a competitive advantage, allowing them to focus on increasing their product’s quality and competitiveness while utilizing the best available resources.

In conclusion, Honor's strategy is clear. They aim to maximize the use of high-end chips on the market rather than creating new ones. This strategy aims to leverage the best innovations in the market to deliver the best products to their customers, thereby bringing about growth and maintaining a competitive edge.