Huawei to sell budget smartphone business for $15bn

According to a Reuters report, Shenzhen-based tech giant Huawei is planning to sell its budget smartphone subsidiary Honor to a consortium led by the government of Shenzhen and Digital China Group.  Honor was established by Huawei in 2013, offering a range of budget-friendly smartphones mostly targeted at young consumers as an alternative to high-end Huawei-branded … Read more