Huawei to flog budget smartphone business for $15bn - reports

Marian McHugh
clock • 1 min read
Huawei to flog budget smartphone business for $15bn - reports

Chinese manufacturer to offload Honor brand to combination of Shenzen government and distributor Digital China, Reuters says

Huawei is reportedly selling off its budget smartphone brand Honor to a consortium that includes the Chinese government, according to Reuters. The deal is reported to be valued at 100bn yuan (£11.9bn)...

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