News Snapshot:
Former Huawei sub-brand Honor has pulled out its team from India, as per a report by China-based newspaper Securities Times. The report is based on the statement Zhao Ming, CEO of Honor, is said to have made during the brand’s smartphone launch event last week. However, the company’s operations in India will continue and will be managed by local partners, says the report. Zhao also reportedly said that the team was asked to leave India for “obvious reasons” and that the brand will now adopt “a very safe approach”. The Indian government has given major Chinese technology brands like Vivo...
