Huawei planning to sell Honor smartphone unit: Sources - Sourin Mitra & Teams Blog

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Tuesday 10 November 2020

Huawei planning to sell Honor smartphone unit: Sources

Huawei plans to sell Honor smartphone unit in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its home town of Shenzhen, as per a report by Reuters. The all-cash sale will include almost all assets including brand, research & development capabilities and supply chain management.

via ©Times Of India

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