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Huawei reportedly selling Honor for 11.5 bn

2020-11-10 01:00:00| Total Telecom industry news

Back in October, rumours began to fly that Huawei was looking to offload its smartphone business unit Honor for around 25 billion yuan (£2.9 billion). Today, reports suggest that a Chinese consortium may in fact pay around three times as much for the business, with estimates as high as 100 billion yaun (£11.5 billion).   Huawei first launched Honor back in 2013 as something of a budget smartphone range…read more on TotalTele.com »

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