If we have stayed a bit misplaced with what happened with LG, we now know that the giant Huawei Technologies Co td would be in talks with investors to sell its P and Mate brands of high-end mobiles.
If those conversations are consummated with the sale of those two brands, we can say that Huawei would be leaving the high-end segment of smartphones. Such a bump for the future of Android phones that it would be quite empty with a Samsung that continues to bet very hard. Everything is complicated for Android.
And we are talking about a Huawei that is the central machine of telecommunications equipment manufacturing for the whole planet as it happens with Telecom. Talks between the company and a consortium of investment firms have been going on for months now, so the final decision could be shortly.
This movement to sell both brands already began to take place in September of last year, although no type of figures were evaluated at that time. But knowing that between Q3 of 2019 and Q3 of 2020, the distribution figures of both models reached $ 39.700 billion, we can understand the importance of such a sale.
It's all because Huawei is looking to mitigate the negative impact of US sanctions carried out during Trump's tenure, and it is expected to see what happens with the Biden administration.
We already met the Honor brand as it was finally sold, So we It remains to see what happens during the next few weeks. It is clear that such a move would shake the chessboard that is currently the mobile market.