Huawei will sell Honor for more than $ 15,000 million

NinFan

Huawei will sell Honor for more than $ 15,000 million

Honor, Huawei, million, sell

Huawei has had one of its most difficult years in 2020. It is possible that this could change in 2021 with Joe Biden as president of the United States, but it is also possible that China’s relations with the United States will not change enough for the technology company to re-use Google services and applications. .

The latter is the one that will affect the brand in countries like Spain, where we struggled to be number one with Samsung and now we have to fight the new ones like OPPO.

Huawei completes Honor sale

Huawei Logo

We have been hearing rumors for weeks that Huawei is working with various companies to complete the sale of its subsidiary Government, so that the company can re-use Google’s services and gain access to the international hardware market.

Reuters has now offered a special offer that the sale will soon be closed to Digital China and Shenzen.

Sales value is estimated at 100,000 million yuan, just over $ 15,000 million on the exchange rate.

This sale includes not only the brand, but also the departments of R&D, production series, etc.

Things may not change much with Biden

Honor logo

That after the announcement of Joe Biden’s victory, China became one of the few countries not to immediately congratulate the politician shows that vigilance is one of its most powerful signs.

This also affects the fact that don’t underestimate the fact that the Democratic administration will help Huawei, so Honor’s marketing strategy continues.

The Future of Honor

Huawei is expected to make an official announcement in a few days, and the new owners would plan to retain more than 7,000 of the company’s employees and take over the company in the next few years.

Assuming that one of the four phones sold by Huawei was under the Honor brand, there is still a chance that the company will get the value it had until recently.

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