Huawei sells Honor & Qualcomm granted licence to supply 4G products

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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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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