Huawei’s exit from premium smartphone market ‘a last resort’ amid US sanctions, analysts say

//Huawei’s exit from premium smartphone market ‘a last resort’ amid US sanctions, analysts say

Huawei’s exit from premium smartphone market ‘a last resort’ amid US sanctions, analysts say

Huawei Technologies Co is not expected to divest its premium smartphone business except as “a last resort”, according to analysts, a day after the Chinese telecommunications equipment giant denied that it plans to sell its flagship P and Mate brands amid stifling US trade sanctions.Speculation swirled on Monday about Huawei potentially selling its high-end smartphone brands, following reports from Reuters and Chinese local media QbitAI. Reuters said Huawei has been “in early-stage talks” with a…

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By | 2021-01-26T12:00:09+00:00 January 26th, 2021|Technology|Comments Off on Huawei’s exit from premium smartphone market ‘a last resort’ amid US sanctions, analysts say