Honor V40 Lite Luxury Edition smartphone was launched on 23rd March 2021. The phone comes with a 6.57-inch touchscreen display with a resolution of 1080x2340 pixels. Honor V40 Lite Luxury Edition is powered by an octa-core MediaTek Dimensity 800U processor. It comes with 8GB of RAM. The Honor V40 Lite Luxury Edition runs Android 10 and is powered by a 3800mAh battery. The Honor V40 Lite Luxury Edition supports proprietary fast charging.

As far as the cameras are concerned, the Honor V40 Lite Luxury Edition on the rear packs a 64-megapixel primary camera with an f/1.79 aperture; an 8-megapixel camera with an f/2.4 aperture; a 2-megapixel camera with an f/2.4 aperture, and a 2-megapixel camera with an f/2.4 aperture. The rear camera setup has autofocus. It sports a 32-megapixel camera on the front for selfies with an f/2.0 aperture.

The Honor V40 Lite Luxury Edition runs Magic UI 4.0 is based on Android 10 and packs 128GB of inbuilt storage. The Honor V40 Lite Luxury Edition is a dual-SIM (GSM and GSM) smartphone that accepts Nano-SIM and Nano-SIM cards. The Honor V40 Lite Luxury Edition measures 160.12 x 74.10 x 7.64mm (height x width x thickness) and weighs 169.00 grams. It was launched in Blue Water Emerald, Magic Night Black, and Titanium Empty Silver colours.

Connectivity options on the Honor V40 Lite Luxury Edition include Wi-Fi, GPS, Bluetooth v5.10, NFC, USB OTG, USB Type-C, 3G, and 4G. Sensors on the phone include accelerometer, ambient light sensor, compass/ magnetometer, gyroscope, proximity sensor, and in-display fingerprint sensor.