Chinese telecommunications equipment vendor Huawei Technologies has sold its budget smartphone business, Honor, to Shenzhen Zhixin New Information Technology for an unspecified sum.
Chinese telecommunications equipment vendor Huawei Technologies is likely to sell its budget smartphone unit, Honor, to a group which is led by Digital China and the Shenzhen Government, a report claims.
Chinese telecommunications equipment vendor Huawei Technologies is making a bid to sell its Honor smartphone unit which markets cheaper devices compared to the flagship ones that are put out under the Huawei brand.
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