This morning there was speculation that Huawei might consider selling its subsidiary Honor. Huawei has now spoken out.
Analyst Ming-Chi Kuo had claimed that Huawei will "very likely" sell the Honor brand. The possible reason for this is clear – under the new owners, Honor would not be subject to US-enforced trade bans.
This would make it possible to buy chipsets and other hardware from suppliers that are currently not allowed to be sold to Huawei (and therefore not to Honor).
But the report from analyst Ming-Chi Kuo seems to be one of his rare false reports, because Huawei feels obliged to Honor and will not sell the brand. In the meantime it has also been removed again.
Comments have also surfaced on Weibo stating that Huawei employees refute Kuo’s claims. And there is really nothing to be said about this morning’s report.
The post Huawei rejects speculation about Honor sales first appeared on Xiaomist .