Huawei officially announced Honor brand has been sold to Shenzhen Zhixin


Source: myfixguide.com myfixguide.com

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Shenzhen Zhixin New Information Technology Co., Ltd. has signed an acquisition agreement with Huawei Investment & Holding Co., Ltd. to complete the full acquisition of the Honor brand and business assets. The statement pointed out that the acquisition can maximize the protection of the interests of consumers, channels, suppliers, partners, and employees; it is also an industry complementarity. All shareholders will fully support New Honor and let New Honor focus on resources, brand, production, Channels, services, etc., draw on the advantages of all parties and participate in market competition more efficiently. Shenzhen Zhixin New Information Technology Co., Ltd. was jointly...