A Huawei Honor flagship store is pictured in Shanghai, China, 17 November 2020. Huawei Technologies is selling its budget brand smartphone unit Hono
RMID:Image ID:2DGFYC4
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Imaginechina Limited / Alamy Stock PhotoImage ID:
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4000 x 2667 px | 33.9 x 22.6 cm | 13.3 x 8.9 inches | 300dpiDate taken:
17 November 2020Photographer:
ImaginechinaMore information:
A Huawei Honor flagship store is pictured in Shanghai, China, 17 November 2020. Huawei Technologies is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers, according to a joint statement signed by 40 companies involved in the purchase. Huawei will not hold any shares in the new Honor company after the sale, according the statement, with the buyers setting up a new company, Shenzhen Zhixin New Information Technology, to make the purchase, the statement said.