Technology
It’s done! Huawei has sold Honor under ‘tremendous pressure’ from US sanctions. – Android Authority
Honor is no longer a Huawei subsidiary.
- Huawei has sold off Honor to Shenzhen Zhixin New Information Technology Co.
- Once the sale is complete, Huawei will have no stake in Honor.
- Theres no word about the future of Honor phones and other products.
Huawei has finally sold off its sub-brand Honor after weeks of rumors about the sale. The new owner of the Honor brand is a company called Shenzhen Zhixin New Information Technology Co. Its reportedly a consortium of over 30 agents and dealers, as per a joint statement signed by 40 companies involved…
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