Chinese Capitalist Party bails out Huawei Honor brand
https://www.msn.com/en-xl/news/other/huawei-sells-honor-brand-to-state-backed-group/ar-BB1b5ds9
#huawei #honor #china #gov
https://www.msn.com/en-xl/news/other/huawei-sells-honor-brand-to-state-backed-group/ar-BB1b5ds9
#huawei #honor #china #gov
Msn
Huawei sells Honor brand to state-backed group
Huawei is selling its budget smartphone unit Honor, the company said Tuesday, to a consortium that is majority-owned by the local Shenzhen government in a deal to keep the brand alive.