Huawei responded that the rumors of selling its mobile phone business are false

According to the latest information, the rumor news related to Huawei partially splitting the consumer business (CBG), which may reduce investment in the mobile terminal business.

Now, in response, the rumors of selling the mobile phone business are false says Huawei to Sina Technology. Huawei will continue to increase investment in the mobile phone business, insist on building a high-end brand, and said it will release the latest flagship mobile phone this month.

Huawei on its portfolio listed several commercial laptops, desktops, monitors, tablets, and other products. Some expert pointed out that spinning off some restricted businesses can reduce risks and increase cash flow. In November 2020, Huawei sold the assets of its brand Honor, and achieved good results. For Huawei, while retaining its core business, it must also strive to break through the difficulties in chip manufacturing technology and cooperate with the domestic semiconductor industry chain.

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