Huawei Isn’t Selling its Smartphone Business

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Huawei Mate XS (8)Huawei has issued an official statement to Chinese media, saying it has no plans of selling its smartphone business and that it’ll continue to make high-end phones.

The move was made in response to a recent report by Reuters indicating that the company is already negotiating the sale of its flagship P and Mate series.

While certainly reassuring, the fact is that Huawei currently has no source for chipsets that will be used for its top-tier devices as major chip suppliers – Qualcomm and MediaTek are both not allowed to sell chips to the company, and HiSilicon can’t utilize TSMC’s facilities.

In addition, a report also states that the licenses that were granted to some companies in order to do business with the brand were eventually revoked.

Nevertheless, it’ll be interesting to see what actions Huawei will take.

Huawei’s PR agency in PH sent us the company’s official response:

“Huawei has learned THERE ARE unsubstantiated rumors circulating regarding the POSSIBLE SALE OF our flagship smartphone brands. There is no merit to these rumors whatsoever. Huawei has no such plan. We remain fully committed to our smartphone business and will continue to deliver world-leading products and experiences for consumers around the world.”

Source

Emman has been writing technical and feature articles since 2010. Prior to this, he became one of the instructors at Asia Pacific College in 2008, and eventually landed a job as Business Analyst and Technical Writer at Integrated Open Source Solutions for almost 3 years.

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