Tag Archive : HUAWEI

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  • Huawei is in talks with Digital China Group and other buyers to sell parts of its Honor smartphone business, Reuters reported.
  • The deal could be worth up $3.7 billion, a person familiar with the matter told Reuters.
  • The Chinese tech giant, facing heavy US sanctions, wants to concentrate on its high-end Huawei phones from now on, sources said.
  • Other potential buyers include smartphone maker Xiaomi and TCL Technology, the report said.
  • Visit Business Insider’s homepage for more stories.

Huawei is in talks to sell parts of its Honor smartphone business in a deal which could fetch up to 25 billion yuan ($3.7 billion), Reuters reported. 

Huawei, which faces heavy sanctions in the US, wants to step away from developing its low-cost Honor phones and instead concentrate on high-end Huawei devices, according to people familiar with the matter.

Digital China Group, the main distributor for Honor smartphones, is the frontrunner to

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honor 30 pro plus review rear in hand

  • Huawei is reportedly in talks to sell off parts of its Honor unit.
  • It’s believed that Digital China, TCL, and Xiaomi are interested in the deal.

US sanctions against Huawei mean that the company’s smartphone business has suffered in a big way. Between its crippled in-house chipset division and the lack of Google support, it’s becoming increasingly tough for the firm to keep producing phones.

These troubles extend to its Honor sub-brand too, but Reuters now reports that Huawei is in talks to sell off parts of the Honor business in a deal potentially worth up to 25 billion yuan (~$3.7 billion).

The report, citing “people with knowledge of the matter,” alleges that Honor’s brand, research and development infrastructure, and associated supply chain management business could be sold under the deal. However, the newswire’s sources caution that this hasn’t been finalized yet.

It’s believed that Huawei will focus on higher-end

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By Julie Zhu

HONG KONG (Reuters) – Huawei Technologies Co Ltd is in talks with Digital China Group Co Ltd <000034.SZ> and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to 25 billion yuan ($3.7 billion), people with knowledge of the matter said.

Embattled Huawei is resetting its priorities in the face of U.S. sanctions and will focus on its higher-end Huawei phones rather than the Honor brand which is aimed at young people and the budget conscious, they said.

The assets to be sold have yet to be finalised but could include Honor’s brand, research & development capabilities and related supply chain management business, two of the people said.

The deal may be an all-cash sale and could end up smaller, worth somewhere between 15 billion yuan and 25 billion yuan, one of the people said.

Digital China, the main

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Huawei Mate 30 Pro Macro rear camera housing
  • The Huawei Mate 40 series, including the Huawei Mate 40 Pro, will be officially revealed on October 22.
  • The reveal was made by Huawei’s Consumer Business CEO Richard Yu via Weibo.
  • Unfortunately, the Mate 40 Pro won’t have Google apps and could be the last of its kind.

Update: October 10, 2020: Huawei Consumer Business CEO Richard Yu has confirmed, via Weibo (h/t GSMArena), that the Huawei Mate 40 series will be revealed on October 22. The reveal will be made starting at 8 AM Eastern time (5 AM Pacific time).


Original story: October 9, 2020: Things have been relatively quiet surrounding the Huawei Mate 40 and Huawei Mate 40 Pro (for obvious reasons). However, we still expect the phones to launch at some point this month, and a leaker claims to know exactly when that will happen.

According to leaker @rodent950 (who has had reliable info in the

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Orange and Proximus have both chosen to use Nokia and Ericsson equipment for their respective 5G rollouts in Belgium.

The move will see both Orange and Proximus drop Huawei gear, which had previously been used as part of the telcos’ 4G networks.

The two telcos will use Nokia equipment to roll out 5G and progressively renew existing 2G/3G/4G mobile radio networks. Specifically, Nokia will build one radio access network (RAN) and one 5G network each for the telcos. 

Meanwhile, Ericsson will be responsible for building out the cores of the telcos’ 5G networks.

“The decision to collaborate with Ericsson is an important step in the execution of our network strategy. Proximus is committed to building the best gigabit network for Belgium, and the renewal of our mobile network equipment is a key element in this strategy for the coming years,” Proximus network business chief Geert Standaert said.

Telenet, the third

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ZURICH (Reuters) – Chinese telecom giant Huawei is finding it harder to counter U.S. sanctions designed to choke off its access to semiconductors but can continue to serve European 5G network clients, a senior European executive told an Austrian newspaper.

The world’s biggest maker of mobile telecommunications equipment and smartphones was still “looking for a solution” to help millions of Huawei phone users after Google

was banned from providing technical support for new Huawei phone models using mobile operating system Android.

“Since the U.S. sanctions last year, U.S. manufacturers of semiconductors are no longer allowed to supply us so our previous U.S. partners can no longer work with us. Since August it has become even more difficult,” Abraham Liu, Huwaei’s vice-president for Europe, told the Kurier paper.

He said Washington was “blackmailing” chipmakers into shunning ties with Huawei, which denies U.S. allegations that Huawei equipment could be used by Beijing

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Huawei has tweeted that it will reveal its Mate 40 series on October 22nd, likely the last of its phones to have Kirin chips— at least for the foreseeable future— due to the ongoing economic pressure from the US.

Richard Yu, CEO of Huawei’s consumer business unit, said at a conference August 7th that “this year may be the last generation of Huawei Kirin high-end chips.” The US has accused Huawei of building backdoors into network infrastructure, ostensibly to aid Chinese government spying efforts. Huawei has denied the Trump administration’s accusations of spying.

But the Trump administration placed Huawei and 114 of its affiliates on its Entity List in May 2019, which meant US firms were unable to sell technology to the company without explicit US government approval.

It also meant Google was barred from doing business with Huawei, preventing Huawei from obtaining an Android license, and keeping Google apps

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Huawei is about to unveil its next big phone — and a swan song of sorts. The Chinese tech giant has announced that it will reveal the Mate 40 phone series at a virtual event on October 22nd at 8AM Eastern. It didn’t say much about what the new Mates would entail (“unprecedented power” isn’t really a clue), but it’s safe to say that the processor will be the most talked-about feature.

The company has already confirmed that the Mate 40 will be its last phone with a high-end Kirin chip, at least for a while. Now that the US has slapped Huawei with trade restrictions that led chip manufacturers like TSMC to back away, the company simply doesn’t have access to cutting edge processing tech for future models. The 5-nanometer Kirin chip in the Mate 40 expected to be fast and efficient, but it’s not expect to reach other

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By Supantha Mukherjee and Mathieu Rosemain

STOCKHOLM/PARIS (Reuters) – Orange and Proximus have picked Nokia to help build 5G networks in Belgium as they drop Huawei amid U.S. pressure to exclude the Chinese firm from supplying key telecoms equipment.

The moves are among the first by commercial operators in Europe to drop Huawei from next-generation networks and come after months of diplomatic pressure from Washington, which alleges Huawei equipment could be used by Beijing for spying.

The Belgian capital Brussels is home to the European Union’s executive body and parliament, making it a matter of particular concern for U.S. intelligence agencies.

“Belgium has been 100% reliant on Chinese vendors for its radio networks – and people working at NATO and the EU were making mobile phone calls on these networks,” said John Strand, an independent Danish telecoms consultant.

“The operators are sending a signal that it’s important to have access

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Meng Wanzhou leaves the Supreme Court in Vancouver, British Columbia, Canada, on Sept. 28.

Photographer: Darryl Dyck/Bloomberg

Huawei Technologies Co. Chief Financial Officer Meng Wanzhou failed to convince a Canadian judge to grant her access to confidential documents pertaining to her extradition fight.

Meng has pressed for additional disclosure about the circumstances of her arrest at Vancouver’s airport on a U.S. handover request in December 2018. She argues her arrest was unlawful and that her extradition case should be dismissed.

In August, she sought an order from the Supreme Court of British Columbia to force the Canadian government to authorize full access to documents she said had been redacted or withheld arbitrarily. Canada argued that divulging them would violate confidentiality agreements with clients and third parties.

Associate Chief Justice Heather Holmes “upheld a majority of Canada’s privilege claims,” Canada’s Department of Justice said in a statement late

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