Technology
Huawei is in talks to sell parts of its Honour smartphone business for up to $3.7 billion, according to a report – Business Insider Australia
Huawei is in talks to sell parts of its Honour smartphone business in a deal which could fetch up to 25 billion yuan ($US3.7 billion),Reuters reported.
- Huawei is in talks with Digital China Group and other buyers to sell parts of its Honour smartphone business, Reuters reported.
- The deal could be worth up $US3.7 billion, a person familiar with the matter told Reuters.
- The Chinese tech giant, facing heavy US sanctions, wants to concentrate on its high-end Huawei phones from now on, sources said.
- Other potential buyers include smartphone maker Xiaomi and TCL Technology, the report said.
- Visi…
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