Huawei confirms sale of entire Honor smartphone business

UPDATE: Huawei has reached an agreement to sell its Honor smartphone division. The updated story continues below: 
Five weeks ago, Huawei entered negotiations with potential buyers regarding a partial sale of Honor. A month on, the Chinese company has  involving all Honor assets.
Huawei is selling its entire Honor smartphone unit
In a statement released earlier today, Huawei announced a deal to sell its popular Honor smartphone business to a newly created consortium that …
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