Huawei to sell Honor phone brand to save it from US pressure

Move is aimed at maintaining access to vital supply chain

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Huawei Technologies said on Tuesday it will sell its Honor smartphone business to a consortium of more than 30 companies, acknowledging that the budget brand needed help to maintain access to vital components and supplies amid a U.S. crackdown.

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