Jan 25th, 2021

While Huawei makes a lot of smartphones, the company is probably best known for devices like the P-series and Mate-series, both of which are high-end flagships with impressive hardware specs, but it seems that the company could be looking to sell those brands off.

This is according to a report from Reuters who cites sources with “direct knowledge” who claims that Huawei could be looking to exit the high-end smartphone making business. Huawei is currently in a bit of a bind where the lack of access to US companies and technologies has no doubt hampered their efforts.

The company is trying to find workarounds, like with HarmonyOS in place of Android, but that’s going to be a tall order given that many have tried to go up against iOS and Android only to have failed. The report claims that Huawei apparently started looking into the idea of selling off their P-series and Mate-series brands back in September 2020, and it also notes that the talks aren’t conclusive and it is possible that they could still fall through.

Huawei has since responded to the Reuters report and basically refuted it in a statement that 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 plan.”

It should be noted that sometimes companies do outright deny the rumors, only for it to still come true later, but either way, the company’s official statement should hold more weight than a rumor, so take it with a grain of salt for now.

Source: Reuters

local_offer    Huawei  

stars Further Reading