Date:26/01/21
Huawei sold its Honor sub-brand in November last year citing sanctions imposed by the US government. Well now, it looks like Huawei is going to sell some of its popular series too. We're talking about the popular Huawei P and Mate series, both of which have some of the most popular Huawei flagship phones.
According to a new Reuters report, the Chinese smartphone manufacturer has been in talks to sell its P and Mate series brands to a consortium of buyers. If the deal goes through and someone ends up buying these brand names, then that'll leave Huawei with no premium phones. This means that the company will exit from the flagship smartphone segment.
It remains to be seen exactly how this will work out. We really hope Huawei manages to somehow retain these brands. Both P and the Mate series have some of the best smartphones on the market. Not only are they very popular in Huawei's home country, but these phones also tend to have a lot of influence on phones that come out.
“The talks between the world’s largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have been going on for months, the people said, declining to be identified as the discussions were confidential. Huawei started to internally explore the possibility of selling the brands as early as last September, according to one of the sources."
The company has, however, refuted any such deal. So there's a good chance that it's not happening. In fact, we also know that the company is still trying to manufacture its in-house Kirin chips that power both HUAWEI and Honor-branded phones. “Huawei has learned there are unsubstantiated rumours circulating regarding the possible sale of our flagship smartphone brands. There is no merit to these rumours whatsoever. Huawei has no such plan,” a HUWEI spokesperson was quoted as saying.
That being said we understand how it's getting increasingly difficult for Huawei to sell its phones outside the Chinese market without any Google services pre-installed. They're indeed having a hard time and it's quite evident by the shrinking international market share.
Chinese manufacturer Huawei is planning to sell its popular series & it’s not looking good for them
Huawei sold its Honor sub-brand in November last year citing sanctions imposed by the US government. Well now, it looks like Huawei is going to sell some of its popular series too. We're talking about the popular Huawei P and Mate series, both of which have some of the most popular Huawei flagship phones.According to a new Reuters report, the Chinese smartphone manufacturer has been in talks to sell its P and Mate series brands to a consortium of buyers. If the deal goes through and someone ends up buying these brand names, then that'll leave Huawei with no premium phones. This means that the company will exit from the flagship smartphone segment.
It remains to be seen exactly how this will work out. We really hope Huawei manages to somehow retain these brands. Both P and the Mate series have some of the best smartphones on the market. Not only are they very popular in Huawei's home country, but these phones also tend to have a lot of influence on phones that come out.
“The talks between the world’s largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have been going on for months, the people said, declining to be identified as the discussions were confidential. Huawei started to internally explore the possibility of selling the brands as early as last September, according to one of the sources."
The company has, however, refuted any such deal. So there's a good chance that it's not happening. In fact, we also know that the company is still trying to manufacture its in-house Kirin chips that power both HUAWEI and Honor-branded phones. “Huawei has learned there are unsubstantiated rumours circulating regarding the possible sale of our flagship smartphone brands. There is no merit to these rumours whatsoever. Huawei has no such plan,” a HUWEI spokesperson was quoted as saying.
That being said we understand how it's getting increasingly difficult for Huawei to sell its phones outside the Chinese market without any Google services pre-installed. They're indeed having a hard time and it's quite evident by the shrinking international market share.
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