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Huawei plans to divest budget phone unit Honor: reports

TechCrunch Wednesday, 14 October 2020 ()
Besieged by U.S. tech sanctions, Huawei may be looking to shake up its smartphone business that has taken a hit after losing core semiconductor parts and software services. The Chinese giant is in talks with Digital China Group to sell parts of Honor, its low-end, budget phone unit for 15-25 billion yuan ($2.2-3.7 billion), Reuters […]
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Video Credit: Reuters Studio - Published
News video: Huawei may sell Honor smartphone brand

Huawei may sell Honor smartphone brand 01:10

Huawei may sell much of its Honor smartphone brand as part of moves to focus on its more high-end offerings, according to Reuters sources. Julian Satterthwaite reports.

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