Hot off the finalisation of the sale of it’s Honor brand, rumours are surfacing that Huawei may be looking to do the same with their P and Mate smartphone line ups as well. News first surfaced when Reuters reported that it had obtained the information from sources close to the matter.
The report stated that Huawei was in talks with Shanghai government-backed investment firms to spin the brands off as independent companies like Honor. One of the sources claimed that the idea has been floated since late last year. Sources are claiming that Huawei hasn’t made a final decision just yet and the deal may not go thru as Huawei is still looking to manufacture its own HiSilicon Kirin chipsets.
Be that as it may, Huawei has issued a statement to Android Authority dismissing the “rumours”. That said, the company did the same when initial rumours of Honor’s sale surfaced. In its statement, Huawei states, “There is no merit to these rumours whatsoever. Huawei has no such plan. We remain fully committed to our smartphone business, and will continue to deliver world-leading products and experiences for consumers around the world.”.
The sale would effectively mean that Huawei would be withdrawing itself from the high-end smartphone market. On the other hand, Huawei has been touting its upcoming Harmony OS as an alternative to Google’s Android OS since the sanctions from the U.S. were enacted. However, things haven’t been easy for the company as sanctions have tightened leading to the company losing access to key partners such as ARM and TSMC.
The sale of Honor seems to have been a boon to the brand as the company has since inked deals to engage partners like AMD, Intel, Qualcomm, MediaTek and more. This enables them to produce their Honor MagicBooks and smartphones. However, unlike Honor, the sale of the P and Mate brands would only leave Huawei’s lower end Y and Nova series in their smartphone portfolio.
