News Snapshot:
with 0 comments In the past week, there have been rumors of Huawei reportedly selling its Honor sub-brand to a Chinese consortium, though the smartphone giant never confirmed anything on this front. The deal is now official and sheds more light on Huawei selling its Honor sub-brand. The company is selling its Honor sub-brand to a consortium comprising of over 30 agents and dealers, with Huawei itself not retaining any shares in Honor after the sale. The consortium of buyers will be setting up a new company, Shenzhen Zhixin New Information Technology, for the purchase. The statement from Huawei says...
