Huawei sells Honor to Chinese firm after US cuts supply of chips

Huawei will no longer hold any shares in Honor after the transaction

Bloomberg |Bloomberg
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Huawei sells Honor to Chinese firm after US cuts supply of chips

1 min read Last Updated : Nov 18 2020 | 12:11 AM IST

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Huawei Technologies sold its Honor smartphone business to a Chinese government-backed consortium for an undisclosed amount, hiving off the entry-level devices arm after the Trump administration cut of

Topics :Huawei TechnologiesHonorHuawei chipsetHuawei USHuawei banUnited States

First Published: Nov 18 2020 | 12:11 AM IST

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