Huawei has announced that it has sold Honor’s (its smartphone company) business assets to a government-backed consortium, Shenzhen Zhixin New Information Technology Co., Ltd. The decision was made in light of the “persistent unavailability of technical elements needed for our mobile phone business [and] to ensure the survival” of Honor’s industry chain. Huawei confirmed that it will have no shares …
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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...