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Huawei to Sell Out Its Honor Phone Business Amid US Sanctions
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Huawei to Sell Out Its Honor Phone Business Amid US Sanctions

Nov 17, 2020
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Huawei to Sell Out Its Honor Phone Business Amid US Sanctions
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Huawei announced Tuesday it is selling its budget brand Honor to ensure its survival. Huawei will no longer have ownership of the brand or be involved in any decision-making after the sale is completed.

Buyers include more than 30 Honor dealers and suppliers. The sale of Honor was initiated as a means to sustain the brand and its partners under the press…

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