Huawei in talks to sell parts of its Honor smartphone business

Arabnewsksa15 Oct, 2020News

HONG KONG: Huawei Technologies is in talks with Digital China Group and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to 25 billion yuan ($3.7 billion), people with knowledge of the matter said. Honor brand smartphones accounted for 14.6 million, or 26 percent of the 55.8 million smartphones Huawei shipped in the second quarter of this year

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