Along Honor's Path: Huawei Will Sell Another Piece of Business Due to US Pressure

Huawei sold the Honor brand last year to free it from US sanctions. Now

the manufacturer is forced to part with another division for the same reason.

Huawei will sell the department that deals withproduction of servers based on Intel chips. The division cannot release new products due to US sanctions. The buyer will be the Chinese State Property Control and Management Committee, which already controls about 1,000 companies.

At the same time, Huawei will continue to develop its computer business. The Shenzhen-based company intends to focus on the production of its own Kunpeng SoCs.

Source: CNMO