Business
Huawei sells youth brand over tech restrictions – BBC News
The Chinese communications firm said Honor had been under pressure to find suppliers.
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…
-
Noosa News11 hours agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
General22 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
General23 hours agoGold Coast and Noosa councils scammed out of ratepayers’ money
-
General21 hours agoColoured sand for sale on eBay Australia removed days after asbestos contamination recall