China's Huawei in talks to sell premium smartphone brands P and Mate
Mon, Jan 25, 2021 2:45 PM

China's Huawei in talks to sell premium smartphone brands P and Mate

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China's Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate. This move could suggest Huawei's eventual exit from the high-end smartphone-making business. These two brands contributed nearly 40% to Huawei's total sales over the third quarter of 2020. Huawei's latest plan to exit the high-end mobile brands is motivated by insufficient chip supplies.

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