October 14 - 10:10
Huawei reportedly looking to sell parts of Honor
Huawei Technologies Co Ltd is negotiating the selling of parts of its Honor smartphone business, Reuters has reported. The possible buyers include Digital China Group Co Ltd., TCL, and Xiaomi, and the deal could reach up to $3.7 billion. Following the U.S. sanctions, Huawei seems to be interested in focusing on its higher-end phones rather than the more affordable Honor brand.
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