Huawei confirmed that there is no sale of the Honor brand as stated by fellow Ming-Chi Kuo

This time around, many people are questioning, how long will Huawei last under US sanctions pressure. Now, Huawei seems to be rushing to find situational solutions to overcome the misery. Recently, analyst Ming-Chi Kuo shared a prediction that Huawei might sell Honor to find a rescue for this sub-brand and also partly reduce the financial burden.

According to Gizchina , the above shares of Mr. Ming-Chi Kuo were recently published by the Chinese blog IT.home. However, in an unexpected development, this blog page has deleted the above information.

Soon after, Huawei released a statement on Weibo emphasizing that Ming-Chi Kuo’s statement was unfounded and the analyst made a false prediction.

There are two cases that happened, that is, Ming-Chi Kuo, although his judgment in the past is quite accurate, it is possible that he was wrong this time. But the second case may be due to the IT.home blog has misunderstood the analyst’s words, so he hastily concealed it by deleting the above information.

The message about Huawei being able to sell Honor has created a wave of controversy and fresh discussion about Huawei’s future.

Many people think that such a move is right and that the company will do the right thing so as not to become its ambitious sub-brand “spoiler”. On the other hand, there are those who believe that selling Honor is in fact a surrender for Huawei as it itself isn’t confident it can last. But if there is only one chance of survival, they need to stick together.

Recently, according to DigiTimes’s forecast, Huawei could soon drop to the 7th position in the list of major smartphone manufacturers in the world by 2021 if the US government continues to maintain the pressure as today.

After three consecutive years of recession in the 2018-2020 period, global smartphone sales will increase next year, thanks to the active rollout of 5G networks.

If you seize this opportunity and the US government takes a concession step for Huawei and Honor, it can completely start over.

See Gizchina