HUAWEI sold its Honor sub-brand to a government-backed consortium back in November last year, citing US government sanctions that put HUAWEI on a legal entity and military blacklist. Now it seems that the fate that befell the honor will also meet the flagship smartphones of the HUAWEI P and Mate series. According to a Reuters report, the Chinese telecommunications equipment and electronics giant has has held talks to sell the P and Mate series brands to a consortium of buyers. If the deal goes through, HUAWEI will essentially step out of the flagship smartphone segment.
Will the P and Mate series suffer the same fate as the Honor brand?
“Talks between the world’s largest manufacturer of telecommunications equipment and a consortium led by investment firms backed by the Shanghai government have been going on for months and have refused to be identified as the discussions were confidential. According to one of the sources, Huawei began to examine internally the possibility of selling the brands last September, ”the report said.
However, there is a chance the P and Mate branded flagship sales may not materialize as the company is still trying to make its own Kirin chips that support both HUAWEI and Honor phones. However, the company has refuted talks about such a deal. However, if the latest report is true, it would be a clear sign that HUAWEI will not be overly hopeful if a new president takes over the helm in the US following trade sanctions imposed during the Trump administration.
HUAWEI refuted the report, but nothing has improved for the company recently
“Huawei has learned that unsubstantiated rumors are circulating about the possible sale of our flagship smartphone brands. These rumors have no value at all. Huawei has no such plan, ”a HUWEI spokesman was quoted as saying. While the company disagrees with the Reuters report, things are unlikely to relax anytime soon or drastically for the company.
HUAWEI’s P series and Mate series phones are among the top selling flagships in their home countryand they made quite an impact in other markets before they were banned from offering Google Play services due to US trade sanctions. While devices without pre-installed Google services are a norm in China, selling a phone without Gmail, Google Maps, and Play Store access in other markets is a daunting task, as HUAWEI’s P’s shrinking international market share and flagships clearly show the Mate series.
I’ve been writing about consumer technology for over three years, having worked with names like NDTV and Beebom in the past. Aside from the latest news, I’ve checked out my fair share of devices that range from smartphones and laptops to smart home devices. I’ve also interviewed tech managers and appeared as a moderator on YouTube videos talking about the latest and greatest gadgets.