TrendForce expects the smartphone market to slowly recover in 2021, but Huawei won’t benefit –

After a dismal year, the global smartphone market will slowly start recovering in 2021, predicts TrendForce. But Huawei won’t benefit and, in fact, will fall out of the research firm’s … Read More

Huawei sells budget phone unit Honor to government, distribution partners –

After weeks of rumors, Huawei confirmed it is selling its budget phone unit Honor to a consortium of companies, including government-backed firms and Honor’s distribution partners, according to a joint … Read More

Huawei reports slowing growth as its operations “face significant challenges” –

Huawei announced earnings results today showing that its growth has slowed significantly this year as the Chinese telecom equipment and smartphone giant said its “production and operations face significant challenges.” … Read More