News Snapshot:
A Huawei retailer and an Honor retailer in Wuhan, Hubei Province of China. VCG through Getty Photos Huawei would divest its budget-brand smartphone unit to make sure income from smartphones thats in any other case squeezed by U.S. authorized limitations, analysts say. The Chinese language firm that was as soon as briefly ranked because the worlds largest smartphone maker plans to shed its Honor enterprise, in accordance with media reviews earlier this week. Huawei hopes a sale would defend Honor from U.S. restrictions within the brief time period, whereas giving the corporate a welcome burst of money, consultants say. Huaweis...
