Reuters: Huawei is in talks to sell Mate and P series brands

Reuters: Huawei is in talks to sell Mate and P series brands

Credit: Ryan-Thomas Shaw / Android Authority

  • Huawei has refuted a report that it’s in talks to promote its premium cellphone traces.
  • A Reuters report claimed that Huawei may promote its P and Mate collection manufacturers.

Huawei bought off its Honor sub-brand to a consortium of Shenzhen government-backed companies late final 12 months resulting from stress from US sanctions. The Chinese producer famous that “a persistent unavailability of technical parts” compelled its hand, and it looks like the sale might have carried out the trick for Honor.

Now, Huawei has refuted a Reuters report alleging that the agency was in early talks to promote its premium P and Mate collection cellphone manufacturers. The newswire cited two sources with data of the matter, including {that a} deal may see Huawei exit the high-end cellular enterprise.

It’s claimed that the producer is in talks with a consortium of Shanghai government-backed funding companies. In truth, one supply instructed the newswire that Huawei first floated the potential of promoting the manufacturers as way back as September 2020.

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The sources declare that Huawei hasn’t made a ultimate resolution but and {that a} deal may not be reached resulting from Huawei nonetheless making an attempt to fabricate its in-house Kirin chipsets. Nevertheless, the corporate dismissed the “rumors” in a press release shared with Android Authority:

Huawei has realized there are unsubstantiated rumors circulating relating to the attainable sale of our flagship smartphone manufacturers. There is not any advantage to those rumors in anyway. Huawei has no such plan. We stay absolutely dedicated to our smartphone enterprise, and can proceed to ship world-leading merchandise and experiences for customers around the globe.

In any occasion, Honor’s sale does set an instance of types for Huawei’s personal smartphone operations. It stays to be seen simply how profitable the Honor might be when it comes to smartphone gross sales, however the newly impartial firm has resumed ties with the likes of Qualcomm, AMD, MediaTek, and others.

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A sale of the premium P and Mate collection manufacturers may lead to the same flip of occasions as effectively, opening the door for P and Mate collection telephones powered by Qualcomm and/or MediaTek silicon. Theoretically talking, Huawei may nonetheless preserve its mid-range and price range smartphone operations going, as these don’t require as many cutting-edge elements as flagships.

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