Huawei plans to sell Honor to circumvent the US sanctions
Huawei plans to sell Honor to circumvent the US sanctions

Analyst Ming-Chi Kuo said Huawei might consider selling its brand of Honor smartphones to avoid US trade sanctions.

Other analysts questioned the Chinese telecom giant's pursuit of this strategy.

"With Honor's independence from Huawei, its sources will not be bound by the US ban on Huawei that will help Honor and its suppliers," said Guo, who is known for his predictions about Apple product development.

The analyst indicated that this move may allow the smartphone company Honor to continue developing flagship models and compete with Xiaomi, which sells phones at similar prices.

Guo said this development is a win for both sides. Apply to Honer brand, suppliers and electronics industry in China.

Honor was founded in 2013. By providing modern smartphones to young consumers with an average retail price of US $ 150-220, Honor has helped Huawei outperform Apple and Samsung locally and internationally. a stranger.

Huawei, which led Samsung in global smartphone shipments in the second quarter, was one of the main victims of the escalating tensions between China and the United States.

The company was placed on the US government's commercial blacklist last May, but this year it faced severe restrictions that included the right to use chips designed or manufactured with US technology.

Richard, CEO of Huawei Consumer Business Group, said in August that US sanctions had made it difficult for the company to launch smartphones with advanced Kirin chipsets after this year.

The Consumer Business Group is Huawei's largest operating division, with sales of $ 36.5 billion in the first half of this year.

Given the current trade tensions between the US and China, Huawei’s decision to sell Honor will not directly benefit.

Given how the US government continues to portray Huawei and its products as security risks, perhaps no one is ready to buy Honor.

Over the past five years, Honor has reached over $ 10 billion in sales. Research firm IDC estimates that it accounted for 28% of all Huawei smartphone shipments in the first half of this year.

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