MobileNews

Huawei rumored to sell off server business in light of ongoing US sanctions

According to a new report from , Huawei might be looking to sell off its x86 server division. The news comes from people familiar with the matter and is yet to be confirmed by Huawei. The insider scoop claims that the US sanctions imposed on Huawei have been detrimental to its server supply chain and are thus forcing the company to sell off this side of its business.

Huawei TaiShan server (image: Huawei)

Huawei TaiShan server (image: Huawei)

Based on reports Huawei is expected to sell off its server division to a Chinese consortium of private and public sector companies. More specifically Henan Information Industry Investment and Huaqin Technology are two of the said players looking to takeover Huawei’s server-side business. We’ll make sure to update you with more information on new developments surrounding this topic.


Author: Michail
Source: GSMArena

Related posts
GamingNews

Microsoft Has Reportedly Pushed Xbox Studios to Deliver a 30% Profit Margin, Allegedly Leading to All Those Layoffs, Canceled Projects, Price Rises, and the End of Exclusives

GamingNews

Helldivers 2 Into the Unjust: 4.1.0 Update Focuses on Making the Game 'Feel Better to Play' With Over 200 Bug Fixes, Key Balance Changes, and Quality-of-Life Improvements

GamingNews

'Remaster New Vegas Boss!' — Danny Trejo Calls on Bethesda to Give Fallout Fans What They Really Want

CryptoNews

Analyst Warns of BTC Dipping Below $100K as Gold-to-Bitcoin Rotation Takes Shape

Sign up for our Newsletter and
stay informed!