News Snapshot:
November 18, 2020 Share this: Huawei's sale of its Honor mobile brand was likely pressured by US ban on its access to semi-conductors. Image: Facebook TikTok’s 90 days in the cooking pot SHANGHAI – Zhixinxin Technology Co Ltd will take over Huawei’s Honor mobile phone brand in a widely reported 100 billion yuan (US$15.3 billion) deal, a tech giant divestment to a lesser-known entity that has raised as many market questions as it has answered. Days after the deal’s announcement, commentators and analysts have raised questions about the state’s role in the transaction and whether it has been designed specifically...
