MobileNews

Huawei’s boss wants recently sold Honor to become its biggest competitor

Earlier this month the persistent rumors were proven true: Huawei sold off its Honor brand to a consortium of Chinese companies. The sale was widely believed to have been triggered by the various bans that Huawei has been subjected to by the US government.

Today Huawei founder Ren Zhengfei admitted at a company employee forum that the sale was necessary because of the smartphone unit being “under tremendous pressure due to a persistent unavailability of technical elements needed”.

Huawei's boss wants recently sold Honor to become its biggest competitor

He added that Huawei could overcome the difficulties, but decided to sell Honor so that the people it employs, as well as its distributors, wouldn’t lose their jobs if sales channels dried up.

Ren continued: “Wave after wave of severe US sanctions against Huawei has led us to finally understand certain American politicians want to kill us, not just correct us”.

He wants Honor to become Huawei’s biggest competitor after their “divorce”, and says Honor’s employees should be motivated by wanting to topple its former parent company. That’s a long way from being achievable, at least for now, as Honor smartphone sales made up only about 26% of Huawei’s total in Q3.


Author: Vlad
Source: GSMArena

Related posts
AI & RoboticsNews

OpenAI makes ChatGPT’s image generation available as API

AI & RoboticsNews

Former DeepSeeker and collaborators release new method for training reliable AI agents: RAGEN

AI & RoboticsNews

Google adds more AI tools to its Workspace productivity apps

Cleantech & EV'sNews

Chevy Blazer SS EV first drive, over 600hp and 300 miles of range!

Sign up for our Newsletter and
stay informed!