1 month ago | By SlashGear
Huawei is reportedly considering selling its best-known smartphone brands, as the Chinese tech giant takes further steps to work around the US supply chain embargo. The future of the Huawei Mate and P Series was thrown into question when the Trump Administration added Huawei to the so-called entity list, effectively blocking it from making deals with key American companies for...
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1 month ago | By GSMArena
In mid-October Reuters reported that Huawei is negotiating the sale of the Honor brand. This was denied at the time, but eventually proved correct. Now Reuters is saying that Huawei is negotiating the sale of the flagship P and Mate series.
In response, Huawei officials have issued a statement to Chinese media that the company has no plans to sell its mobile phone business and that it will continue building high-end phones.
The statement does not detail how that will happen, though. Currently, the company has no source of chipsets for its flagship models - HiSilicon is barred from...
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1 month ago | By MobileSyrup
Huawei is reportedly in talks to sell its premium ‘P' and ‘Mate' smartphone brands, which would see the tech giant exiting the high-end smartphone market.
A new report from Reuters notes that Huawei has been in talks with a consortium led by Shanghai government-backed investment firms about a potential sale for months.
The report reveals that the Chinese company began thinking about selling the brands as early as last September.
The fact that Huawei is considering selling the brands suggests that it doesn't believe the new Biden administration will loosen the supply chain restrictions it's...
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1 month ago | By Android Central
Huawei may be preparing to exit the smartphone market after U.S. ban.
What you need to know
Huawei was banned from doing business with U.S. entities including Google and Qualcomm back in 2019.
The company has been unable to ship new Android phones with the Google Play Store since then.
With sales declining, Huawei is considering selling its flagship smartphone brands.
Huawei may be about to make some tough choices regarding its smartphone division. Similar to LG , the company is reportedly considering selling off parts of its smartphone division. Specifically, it might be selling off its...
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1 month ago | By Engadget
After selling Honor last year, Huawei may spin off its premium Mate and P smartphone brands next to get around crippling sanctions, according to Reuters. The company has reportedly been talking to a consortium led by investment firms backed by the Sh...
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1 month ago | By Pocket-lint
Huawei is allegedly in talks to sell its two premium smartphone brands, which would signal a retreat from the higher end of the market. "Two people with direct knowledge of the matter" have reportedly told Reuters that the Chinese manufacture is speaking to a buyer to offload its P and Mate brands. The sale could see P and Mate phones unleashed from the shackles of the current US ban on Huawei , as the potential buyer is said to be a consortium containing Shanghai government-backed investment firms. What does Huawei's trade ban mean for your present or future Huawei phone? Most Shanghai...
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