Connect with us

Business

Huawei sells youth brand over tech restrictions – BBC News

The Chinese communications firm said Honor had been under pressure to find suppliers.

Published

on

post featured image

image copyrightGetty Images
Chinese smartphone maker Huawei is selling its youth-focused budget brand Honor.
Huawei said Honor had been under “tremendous pressure” due to “a persistent unavailability of technical elements”.
US government sanctions have restricted supplies to Huawei on the grounds that the firm is a national security threat.
Huawei said it would not hold any shares or be involved in managing the new Honor company.
“This sale will help Honor’s channel sellers and suppliers make…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending