Huawei sells Honor phone brand to 'ensure' its survival
November 17, 2020
Following last week’s report that a deal was imminent, Huawei announced the sale of its budget mobile brand Honor. Saying that the company ships over 70 million units annually, Huawei explains its reasoning for the sale as a way for Honor’s suppliers and dealers to survive despite the sanctions issued against Huawei by the US and other countries.
With politicians declaring the company a risk…