At first glance, we will start this article a bit untraditionally. We will focus on Huawei, specifically its subsidiary Honor. To all this, we add the growing Chinese giant in the form of Xiaomi and we get an interesting combination.
As you may know, Huawei has been going through a difficult period for quite some time. An embargo has been imposed on US companies that have been key to Huawei's operation, which prevents them from cooperating with Huawei in any way.
Is it shining for better times for Honor?
Honor is a sub-brand created by Huawei. Until recently, we also had Xiaomi and his daughter brand Redmi, which later became independent. The path of independence will probably follow the example of Redmi or POCO and Honor.
Earlier this month, an Apple analyst, Ming-Chi Kuo, reported on the likely acquisition of the Honor brand. Honor was founded in 2013 and thanks to this sale, the Chinese giant Huawei could receive around 3 billion euros.
According to several analysts, Huawei is currently negotiating with the Digital China Group and other potential buyers. Among them is, for example, TCL, but also our favorite Xiaomi. However, none of the companies has yet made an official statement.
This store could be one of the key moments in the entire history of Huawei and Honor. Thanks to him, Huawei would have enough funds to ensure the operation of the company and in particular, by changing the owner to the Honor brand did not apply to US prohibitions.
Honor under the direction of the next owner can advance and bring great equipment to market. Due to strict US bans, it has been very difficult to promote its smartphones and other products in Western markets.
Of course, we will inform you about other news between these brands. For now, we are keeping our fingers crossed for everyone and we believe that thanks to this store, we will also see other interesting and remarkable pieces in the field of smartphones.
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