Tuesday 17 November 2020
The strict sanctions the US imposed on Huawei have finally taken a victim: Honor. In an announcement, Huawei revealed it has finalized the sale off its Honor mobile sub-brand to Shenzhen Zhixin New Information Technology, a consortium of 30 agents and dealers led by the government of Shenzhen. “Huawei‘s consumer business has been under tremendous pressure as of late. This has been due to a persistent unavailability of technical elements needed for our mobile phone business,” the company said. “Huawei […] has thus decided to sell all of its Honor business assets.” “Once the sale is complete, Huawei will not hold…
This story continues at The Next Web
Or just read more coverage about: Huawei
