Huawei officially announces the sale of Honor smartphone business

17 November 2020
A consortium of more than 30 parties are involved in the purchase of Honor to a new Shenzhen-based owner.

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  • Anonymous
  • Eaj
  • 17 Nov 2020

NotAnOpinion, 17 Nov 2020The bigggggggg difference a non-CCP ruled company is, that ... moreThat's not going to happen at least for smartphone/tech companies like Oppo/Oneplus/Realme, Xiaomi, and Vivo. They effectively can't relocate from China. Most of their supply chain is there and it's their biggest market. It would be nearly impossible for them to relocate.

    Joe.Mama, 17 Nov 2020Didn't they just officially announce, that they would ... morethey announced that so the shares doesnt drop which will cause the price to go lower, big acquisitions like that always happens behind closed doors, and since the buyer bought everything including shares partners and employees then NO harm has been done to anyone

      Joe.Mama, 17 Nov 2020I don't think it truly matters if a chinese company ha... moreThe bigggggggg difference a non-CCP ruled company is, that a company is not handcuffed to the CCP and can totally relocate from the CCPs control.

        Dominique, 17 Nov 2020Will they be acquiring it back if the new US President lift... moreIMO, Huawei should have waited for a few months.

          I don't know if I should be happy or sad.

            NotAnOpinion, 17 Nov 2020And just a few days ago, Huawei still lied about the Honor ... moreI don't think it truly matters if a chinese company has direct ties to the ccp, if the commies want something from a company in china, they will get it, simple as that. It's not like any company can defy the ccp, let's be honest

              • ?
              • Anonymous
              • PUB
              • 17 Nov 2020

              Yuri84, 17 Nov 2020Did they sell for $0? Or was the amount so insignificant no... moreso according to your mind and knowledge, motorola still belongs to google and not lenovo? just because they were acquired by lenovo, thus making them the new owner, the company still belongs to google, right? get some help

                Didn't they just officially announce, that they would NOT sell honor and that they didn't know where this rumor of them selling honor came from? I wonder why many people have trust issues with this company :D

                  Did they sell for $0? Or was the amount so insignificant nobody mentioned it at all?
                  Was it an "acquisition" or "property transfer to work around the ban"? I believe it was the latter. Honor is still Huawei, whatever it says on paper.

                  If the people working for the company and ruling the company are the same, what does it matter if some paper somewhere says "now you have a new owner"? Does it really change anything?

                    NotAnOpinion, 17 Nov 2020For anyone that wants to defend and still support a company... morefunny thing is, how many companies nowadays never lie in this materialistic world?

                      • ?
                      • Anonymous
                      • PIy
                      • 17 Nov 2020

                      NotAnOpinion, 17 Nov 2020And just a few days ago, Huawei still lied about the Honor ... moreWhat are you blabbing about
                      They sold it
                      It's no longer under them
                      Why are you like this

                        • ?
                        • Anonymous
                        • PIy
                        • 17 Nov 2020

                        Dominique, 17 Nov 2020Trump is not US and he's about to leave the White Hous... moreGoogle? Other businesses yes
                        But no google
                        Google has deliberately tried to belittle Huawei when they forced oems to put that it comes with google services on the box
                        So no Google is the real evil here

                          • ?
                          • Anonymous
                          • 2SV
                          • 17 Nov 2020

                          The New owner - Shenzhen Zhixin New Information Technology Co., Ltd. - is still controlled by ÇÇP and probably by Huawei too unofficially.
                          Quite a dumb thing to do, the US administration will see right through it..

                            I wonder about the Honor Watch. Will the sale include this (and every Honor products)? If yes, currently, Honor Watches and Bands are syncs with the Huawei Health app. Will they have a separate health app after this?

                              Beethoven, 17 Nov 2020Worst case still ban Best case scenario US will only lift... moreTrump is not US and he's about to leave the White House. FYI, Google and other American companies want to do BUSINESS with Huawei.

                                NotAnOpinion, 17 Nov 2020As many times that has been answered everywhere, if you sti... moreMany times? Honor was divested just recently and there's still uncertainty on the lifting of the US ban. FYI, Biden is still yet to be officially mandated as the US President.

                                  Worst case still ban
                                  Best case scenario US will only lift ban on newly release honor phone. Whatever scenario this brand will be dead soon ☠️

                                  China huawei think they can get away with this tactic US want this huawei to be dead 🤭

                                    • S
                                    • Syer
                                    • fIS
                                    • 17 Nov 2020

                                    NotAnOpinion, 17 Nov 2020For anyone that wants to defend and still support a company... moreOh, and Trump is the truth?

                                      NotAnOpinion, 17 Nov 2020For anyone that wants to defend and still support a company... moreOk, then. Everyone is entitled to their own 'opinion' but my message didn't even defend them in any case

                                        Aierlan, 17 Nov 2020No real reason for a ban though as honor isn't involve... moreFor anyone that wants to defend and still support a company that's a known liar, the debate ends quick with them.