Huawei Reportedly Planning to Sell Its Flagship Smartphone Lineups

Huawei Reportedly Planning to Sell Its Flagship Smartphone Lineups

Citing sources close to the matter, Reuters reported that the discussion is in early stages and has been going on since months.

Huawei began to explore the possibility of selling the brands as early as September 2020.

On the other hand, ARM - the company that makes the chip designs used by all major smartphone makers - has said that it would continue working with Huawei. Quoting IDC's report, Huawei has shipped Mate and P series devices worth an estimated United States dollars 39.7 billion (about RM160 billion) between Q3 2019 and Q3 2020.

The said news about the POSSIBLE SALES of smartphone brands in the flagship category belonging to Huawei are unfounded. "There is no merit to these rumours whatsoever".

(Pocket-lint) - Huawei is allegedly in talks to sell its two premium smartphone brands, which would signal a retreat from the higher end of the market. The company sold phones (P and Mate series) worth $39.7 billion between Q3 2019 and Q3 2020, as per IDC.

The Shanghai government said it was not aware of the situation and declined to comment further.

Not a long time ago, Huawei chose to sell its Honor brand, and now it looks like the Chinese tech giant might be giving up on more important assets. "Huawei has no such plan".

Last year, the company's Consumer Business Group Chief Executive Richard Yu said USA restrictions meant Huawei would soon stop making Kirin chips. 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.

The P and Mate series of phones are among the major players in the high-end smartphone market in China and compete with Apple's. iPhone, The Mi and Mix series from Xiaomi Corp and the Find series from OPPO.

Analysts have already noted recent insufficient supplies of the flagship P40 and Mate40 series due to a severe components shortage.

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