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October 14, 2020 08:31 am GMT

Huawei plans to divest budget phone unit Honor: reports

Besieged by U.S. tech sanctions, Huawei may be looking to shake up its smartphone business that has taken a hit after losing core semiconductor parts and software services. The Chinese giant is in talks with Digital China Group to sell parts of Honor, its low-end, budget phone unit for 15-25 billion yuan ($2.2-3.7 billion), Reuters […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GtwRurUkztI/

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