Tech

Despite reports to the contrary, Huawei says it has no plans to sell its smartphone business

Back in November, for slightly more than $15 billion. Since no loner has anything to do with Honor, the latter is no longer handcuffed by the bans imposed on Huawei by the U.S. Commerce Department. As an independent company, Honor no longer needs to acquire a license to do business with U.S. suppliers of hardware and software including Google. More importantly. Honor won’t be required to obtain a license to purchase chips manufactured by global foundries using American technology.
Huawei’s smartphone business is not for sale says the company’s co-founder and CEO Ren Zhengfei
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