Huawei has denied selling its mobile phone business.

(Photo/Reuters)

Affected by U.S. sanctions, Huawei has long lost its advantage in the global mobile phone market. After having to reorganize its mobile phone business in 2020 and spin off its sub-brand "Honor", recently there have been news from the Chinese media that Huawei is considering further spin-off of consumer products. and reduce investment in mobile phone terminal business, which may transfer some mobile phone R&D teams to Honor.

In response to the re-transmission of the sale of the mobile phone business, Huawei denied it, refuting it as fake news, and said that it would increase investment in the mobile phone business, insist on developing high-end brands, and said that it would release a new flagship phone this month.

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It is rumored that the United States intends to increase the ban on Huawei.

(Photo/Associated Press)

In fact, this is not the first time that Huawei intends to sell its mobile phone business, but even if Huawei struggles to break free, the United States seems to intend to further increase restrictions. Recently, it has been rumored that the United States is considering revoking export licenses issued to American suppliers based on national security considerations. According to the report, the scope of Huawei's ban is to be extended to 4G chips. The United States hopes to push Huawei to a dead end and completely kill the idea of ​​​​Huawei's "rebirth". The United States has not yet officially made a decision.

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