Huawei denies reports it'll sell its P and Mate series phone brands
Tuesday, January 26, 2021 at 2:42PM There is a rumour going around that Huawei is in early talks to sell its P and Mate series brands as it moves to exit the premium smartphone manufacturing business. Reuters reported that two unnamed sources with direct knowledge of the matter claim the Chinese company is in talks with a consortium of government-backed Shanghai investment firms. The report claims talks began in September, shortly before Huawei sold off its phone brand Honor.
But a spokesperson from Huawei denied the report saying in a statement: "Huawei has learned there are unsubstantiated rumours circulating regarding the possible sale of our flagship smartphone brands. 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."





















