Posted on Tue 17 Nov 2020, 10:58 AM

Chinese telecom giant Huawei announced Tuesday it has sold its Honor budget phone line to a domestic consortium in a move it said was necessary to keep the brand alive amid “tremendous” supply chain pressures caused by US sanctions.

Honor has been purchased by a group of 40 companies comprised of agents, distributors and other businesses dependent on the brand’s survival, Huawei and the consortium said in separate statements.

Posted on Tue 29 Sep 2020, 02:02 PM

Finland’s Nokia will replace Huawei as BT’s largest equipment provider after winning a deal to supply 5G networks across the UK, the companies announced on Tuesday.

The move is the first UK contract for the Finnish telecoms maker since Prime Minister Boris Johnson banned mobile providers in July from using equipment made by the Chinese giant in their new 5G networks.

Posted on Thu 30 Jul 2020, 12:20 PM

China’s Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter on the back of strong domestic demand, industry tracker Canalys said Thursday.

Canalys said the embattled firm, which is facing US sanctions and falling overseas sales, shipped 55.8 million devices — overtaking Samsung for the first time, which shifted 53.7 million units.

The findings marked the first quarter in nine years that a company other than Samsung or Apple has led the market, Canalys said.

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