In mid-October Reuters reported that Huawei is negotiating the sale of the Honor brand. This was denied at the time, but ultimately turned out to be correct. Now Reuters says Huawei is negotiating the sale of the flagship P and Mate series.

In response, Huawei officials released a statement to Chinese media that the company has no plans to sell its mobile phone business and will continue to build high-end phones.

Huawei: no plans to sell mobile companies, will continue to manufacture high-end phones

The statement does not, however, detail how this will happen. Currently, the company has no source of chipsets for its flagship models – HiSilicon is excluded from TSMC fabs, Qualcomm and MediaTek are not allowed to sell chips to Huawei.

After the Trump administration put Huawei on the entity list, U.S. companies (and those that rely on U.S. technology) demanded a license to do business with Huawei. Some companies eventually got such licenses, but a report a week ago said some of them had been revoked. The Biden administration has so far given no indication of how it will handle the situation in the future.

Source (in Chinese) | Via

Source: GSMArena

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