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Honor launches first phone since being sold by Huawei after U.S. sanctions

GUANGZHOU, China — Honor, the Chinese smartphone characterize formerly owned by Huawei, has launched its first device since being sold off. 

Huawei sold Honor, its budget smartphone maker, in November to a consortium of buyers in China, as a way to help the unit survive in the face of U.S. sanctions.

In 2019, Huawei was put on a U.S. export blacklist called the Quintessence List which restricted American firms from selling certain components to the Chinese technology giant. This incorporate both semiconductors and software.

Google was forced to cut ties to Huawei, meaning the U.S. search giant’s Android mobile direct system could not be installed on the Chinese firm’s devices. That hurt Huawei’s sales badly in international superstores. 

Last year, Huawei sold Honor to Shenzhen Zhixin New Information Technology, a consortium of 30 agents and relations. At the time, Huawei said that the sale was made so Honor could “make it through this difficult notwithstanding.”

“Splitting off the Honor team should help it get the components that it needs, although that could still yield many months and is never guaranteed, especially given the geopolitical tension in the air,” Bryan Ma, vice president of devices check out at IDC said. 

“Nonetheless, the move helps to keep the team engaged with suppliers in the hopes that it can continue with its effect development.”

The majority of Honor’s sales come from China. In 2019, Honor shipped 64 million smartphones globally, according to IDC. In the leading nine months of 2020, the company has shipped 42 million units. Complete data for 2020 is not yet available.

The V40 

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