Huawei is currently holding talks with a number of organizations,
Huawei is currently holding talks with a number of organizations, including Digital China Group, with the express purpose of selling parts of its Honor smartphone unit in a deal that could be worth around $3.7 billion. As per the from The Express Tribune, the Chinese smartphone manufacturer is modifying its priorities in the aftermath of the US sanctions and planning to focus on its high-end line of smartphones rather than the Honor brand, which is admittedly geared more towards younger and more budget-conscious people. The assets to be sold in the deal have yet to be finalized, but are expected to include Honor’s brand, research and development capabilities, and related supply chain management business.
