Huawei Sells Budget Phone Brand After U.S. Cuts Chip Supply
Visitors and employees wear protective face masks at the Huawei Technologies Co. stand in Berlin. (Photographer: Jacobia Dahm/Bloomberg)

Huawei Sells Budget Phone Brand After U.S. Cuts Chip Supply

(Bloomberg) -- Huawei Technologies Co. sold its Honor smartphone business to a Chinese government-backed consortium for an undisclosed amount, hiving off the entry-level devices arm after the Trump...
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