Trivium Neopol - Tech | Trivium China 17 Nov 2020

Huawei breaks an arm for survival

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On Tuesday, Huawei announced the sale of its lower-end smartphone brand Honor to a consortium of over 30 smartphone dealers and the state-owned Shenzhen Smart City Technology Development Group.

The rationale (Huawei):

“[The decision] comes at a difficult time when supplies are unsustaina...


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