Stuff

    Subscribe to our newsletter

    What's Hot
    Russia social media

    Kremlin tightens control over Russians’ online lives – threatening domestic freedoms and the global internet

    July 3, 2022
    brainwaves

    How your brainwaves could be used in criminal trials

    July 3, 2022
    github's copilot

    So this is how it feels when the robots come for your job: what GitHub’s Copilot ‘AI assistant’ means for coders

    July 2, 2022
    Facebook Twitter Instagram YouTube SoundCloud
    Trending
    • Kremlin tightens control over Russians’ online lives – threatening domestic freedoms and the global internet
    • How your brainwaves could be used in criminal trials
    • So this is how it feels when the robots come for your job: what GitHub’s Copilot ‘AI assistant’ means for coders
    • Higgs boson: ten years after its discovery, why this particle could unlock new physics beyond the standard model
    • At least one of Xiaomi’s flagship 12-series devices coming to South Africa on 8 July
    • Vodacom spends R460 million on expanding coverage in Limpopo
    • Stuff’s Top Five Tablets (at the moment)
    • Google’s South African domain went down briefly. But it’s back up, crisis averted
    Facebook Twitter Instagram YouTube
    Stuff Stuff
    • News
      • App News
      • Business News
      • Camera News
      • Gaming News
      • Headphone News
      • Industry News
      • Internet News
      • Laptops News
      • Motoring News
      • Other Tech News
      • Phone News
      • Tablet News
      • Technology News
      • TV News
      • Wearables News
    • Reviews
      • Camera Reviews
      • Car Reviews
      • Featured Reviews
      • Game Reviews
      • Headphone Reviews
      • Laptop Reviews
      • Other Tech Reviews
      • Phone Reviews
      • Tablet Reviews
      • Wearables Reviews
    • Columns
    • Stuff Guides
    • Podcasts & Videos
      • Videos
      • Stuffed
      • Stuffing Around
      • Tech Byte
      • T2S2
    • Win
    • Subscribe
      • Print
      • Digital
        • Google Play
        • iTunes
        • Download
        • Zinio
    • Stuff Shop
      • Shop Now
      • My Account
      • Downloads
    • Contact Us
      • Get In Touch
      • Advertise
    0 Shopping Cart
    Stuff
    Home » Brands » Huawei » Huawei or the highway: The P- and Mate brands may be sold off
    Brands

    Huawei or the highway: The P- and Mate brands may be sold off

    MarcéBy MarcéJanuary 25, 2021Updated:October 1, 2021No Comments3 Mins Read
    Huawei pig
    Share
    Facebook Twitter LinkedIn Pinterest Email

    What do you do if you’re in the crate with a monstrous fighter, donning iron fists, and they keep beating you to your knees? Huawei’s bore the brunt of US bureaucracy, succumbing to numerous sanctions that may force them to sell off two of its most valuable smartphone brands, according to new reports. 

    The past two years of continuous sanctions against Huawei from the US has been a brutal sight. It lost access to Google’s mobile services after being placed on the US Entity List, barring US companies from trading with Huawei. Since, sanctions have accumulated with the latest being that the company can’t use its preferred semiconductor manufacturer to produce its high-powered Kirin chips. 

    Huawei’s taking knocks

    According to Reuters, two insiders (who chose to remain anonymous) have divulged that the Chinese telecoms company is in talks to sell its P-series and Mate-series smartphones. It’s not especially unexpected, seeing as Huawei sold off its budget brand Honor late last year in a bid to try and ‘save’ it. Honor recently announced its first non-Huawei handset, and they’re doing fine. 

    “The talks between the world’s largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have been going on for months, the people said, declining to be identified as the discussions were confidential,” Reuters reports. 

    Talks to sell the two brands initiated in September last year, according to the sources. This will line up plans to sell with the announcement of its Mate 40 handsets. 

    It’s an interesting turn of events, and even though none of these reports are official, it’s clear that the company has taken a few knocks and may have to start finding realistic solutions. Selling off two of its most popular smartphone brands could indicate its shift to focus on network equipment. But as we said — nothing’s confirmed quite yet. 

    Huawei sent Stuff a comment, which reads: “Huawei has learned there are unsubstantiated rumours circulating regarding the possible sale of our flagship smartphone brands. There is no merit to these rumours whatsoever, Huawei has no such plans. We remain fully committed to our smartphone business, and will continue to deliver world-leading products and experiences for consumers around the world.”

    Both parties (Huawei and the Shanghai investment firms) have denied all rumours about a potential sale. But Reuters makes it clear that “… talks might not conclude successfully, according to the two sources, as the company is still trying to manufacture at home its in-house designed high-end Kirin chips which power its smartphones.”

    featured Honor Huawei Mate P series sale
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Marcé

      If I had a business card, it'd say 'Digital Editor at Stuff'. But I don't because my gamertag is more useful than a business card. I write about tech industry, hardware, software, games and motoring.

      Related Posts

      Russia social media

      Kremlin tightens control over Russians’ online lives – threatening domestic freedoms and the global internet

      July 3, 2022
      brainwaves

      How your brainwaves could be used in criminal trials

      July 3, 2022
      github's copilot

      So this is how it feels when the robots come for your job: what GitHub’s Copilot ‘AI assistant’ means for coders

      July 2, 2022

      Leave A Reply Cancel Reply

      In The Mag
      Stuff June-July 2022 Latest Issue

      In This Issue – The Outdoors (June-July 2022) Issue

      By Brett VenterMay 30, 20221

      Once again, we are asking you to check out a new issue of Stuff Magazine.…

      2021 Wish List
      wish list Stuff Wish List 2021

      Stuff Wish List: for the tech impaired

      By Duncan PikeDecember 22, 20210

      Are you from the time before being glued to a smartphone was considered normal? Here’s…

      Wishlist DIY Stuff tech

      Stuff Wish List: for the DIY Diehard

      December 21, 2021
      Wish List Gearhead

      Stuff Wish List: For the petrol-soaked gearhead

      December 20, 2021
      outsiders

      Stuff Wish List: for the Outsiders

      December 17, 2021

      Latest Video

      Sonos

      SONOS Roam SL unboxing by Toby Shapshak

      March 30, 2022
      Mini Cooper

      The Mini Cooper SE Electric with Toby Shapshak

      March 18, 2022
      MSI Crosshair 15 Rainbox Six Extraction Edition unboxing

      MSI Crosshair 15 Rainbox Six Extraction Edition unboxing

      March 16, 2022
      Samsung Galaxy S22 Ultra Unboxing

      Samsung Galaxy S22 Ultra unboxing with Toby Shapshak

      March 16, 2022
      Contact

      South Africa's Consumer Tech News Hub

      General: [email protected]
      Subscriptions: [email protected] or 087 353 1291
      Editorial: 072 735 2614
      Sales: 083 375 2418

      Facebook Twitter Instagram YouTube SoundCloud

      Subscribe to Updates

      • Terms and Conditions
      • Privacy & POPI
      • My account
      © 2022 Stuff Group. Designed by Chronon.

      Type above and press Enter to search. Press Esc to cancel.