The gadget making company may spin off its premium Mate and P smartphone brands. Huawei reportedly denied rumors of talking to a consortium. Though it did the same when rumors it would begin to spread about the Honor brand cropped up. “There is no merit to these rumors whatsoever. Huawei has no such plan,” a spokesperson told Reuters.
Huawei topped the smartphone sales charts with 55.1 million units shipped last summer. Sales of the Mate and P Series phones were reported at $39.7 billion between Q3 2019 and Q3 2020.
The Mate 40 will be Huawei’s last chip with its high-end Kirin processors. This is due to the fact that TSMC, its primary chip manufacturer said it won’t build chips for Huawei anymore. Samsung also recently announced that it will stop supplying Huawei with phone chips amid US sanctions.
Though, ARM- the company that makes the chip designs used by all major smartphone makers, has said that it would continue working with Huawei. The company has also been trying to manufacture Kirin chips itself using ARM designs.
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