For the past few months, rumors have been circulating that Huawei is planning to sell Honor. And the news became official as Huawei mentioned it in a statement on Tuesday. The announcement didn’t have any information about the financials, but they made it clear that Honor smartphones will no longer be part of Huawei. It is important to note that the Huawei smartphone brand is still under Huawei.
Huawei said that Honor ships more than 70 million handsets a year. Honor, founded in 2013, has been Huawei’s flagship mobile manufacturer for years.
Analysts say that this sale is indirectly provoked by America as American officials alleged that these smartphones might facilitate Chinese spying. While other Chinese brands like Oppo, Vivo, Xiaomi have no restrictions, Honor is restricted to use American chips and other technologies. It is interesting how Honor’s new owner Shenzhen Zhixin New Information Technology Co., Ltd., will try to regain American-based chipsets and technology services like Google Maps, Music, etc. The new owner is formed under the Government of the city of Shenzen by a consortium of 30 or more dealers and agents.