Huawei would have already got rid of Honor. A few days ago, the Chinese group reportedly sold its subsidiary to a joint venture company owned by the Chinese state. Huawei would officially announce the news in the coming weeks.
Citing sources from China, Android Headlines claims that Huawei sold the Honor subsidiary a few days ago. A collateral victim of Donald Trump’s trade war, the Chinese group has sold Honor to a Chinese government-owned joint venture firm in a new attempt to evade restrictions.
This would allow Honor to circumvent U.S. sanctions against its former parent company. Since September 15, companies such as Qualcomm, Samsung and TSMC are no longer allowed to supply components to Huawei. De facto, Huawei’s mobile division has stalled.
Related: Huawei to launch its own chip factory in China to circumvent U.S. sanctions
Honor and Huawei would make an announcement around November 20, 2020
But after the resale, Honor would be able to trade with U.S. firms or companies that rely on technologies from the United States. Honor could order 5G-enabled chips from TSMC, Taiwan’s famous smelter, to integrate them into its smartphones.
Contacted by Android Headlines, Honor declined to confirm the redemption rumors. Nevertheless, the Chinese firm states that it “does not have any comment to make at this time.” If the media’s information were false, one imagines that the company’s response would have been very different.
According to media reports, Huawei is confirming the sale of the Honor subsidiary around November 20, 2020. The group is probably preparing a press release to announce the news and reassure all users of an Honor smartphone.
If Android Headlines’ information is confirmed, the announcement may raise many questions about security, privacy and customer service. We’ll tell you more about Honor’s future as soon as possible. While you’re waiting for more information, please comment in the comments below.
Source: Android Headlines
