image for Huawei reportedly selling Honor for £11.5 bn
Back in October, rumours began to fly that Huawei was looking to offload its smartphone business unit Honor for around 25 billion yuan (£2.9 billion). Today, reports suggest that a Chinese consortium may in fact pay around three times as much for the business, with estimates as high as 100 billion yaun (£11.5 billion).   Huawei first launched Honor back in 2013 as something of a budget smartphone range…

read more on »

Other news