Huawei reportedly found a way to escape its US sales ban

[Chris Smith]

• A new report says that Huawei has been negotiating for months to sell the P and Mate premium phones to a consortium led by Shanghai government-backed investment firms.
• Huawei is running out of key components that would allow it to continue making new flagship phones to compete against the latest iPhone and Galaxy S devices under the ongoing US ban.
• Huawei denied that a sale of the two valuable brands is in the works. But the company sold Honor, its budget phone brand last year, to escape the ban.

In just a few years, Huawei became one of the biggest players in the mobile business. The company wanted to dethrone Samsung and become the world’s largest smartphone vendor and put out increasingly more exciting iPhone rivals. The P and Mate phones grew in popularity, with Huawei borrowing features from the iPhone and Galaxy S while taking bigger risks when it comes to innovation of its own. But those short glory years would turn out to be short-lived. The US government prevented Huawei from launching its flagships with US carriers and then banned the Chinese giant from doing business with US firms, including Google and Qualcomm. Since the restrictions on Huawei were placed on Huawei in May 2019, the company found itself unable to create smartphones that could really compete against the iPhone and Android in western markets. The ban forced Huawei to remove all Google apps from Android phones sold in western markets, including the Google Play store. This did not stop Huawei from launching new P and Mate series models in the past few years. But Huawei has reached a point where it is considering a sale of the two brands.

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Huawei reportedly found a way to escape its US sales ban originally appeared on BGR.com on Mon, 25 Jan 2021 at 07:31:40 EDT. Please see our terms for use of feeds.

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