Due to US sanctions, Huawei has already said goodbye to its profitable brand Honor, and may soon lose another division – the server one. According to a source with reference to Bloomberg and people familiar with the situation, Huawei may sell the server division, which uses processors on the x86 architecture. According to insiders, the US sanctions imposed on Huawei have seriously damaged the supply chain of components for Huawei servers running on x86-compatible processors, forcing the company to sell this part of its business.
Huawei is expected to sell its server division to a Chinese consortium of private and public sector companies. In particular, Henan Information Industry Investment and Huaqin Technology are mentioned. Huawei has not yet commented on the rumors, but with regard to Honor, the Chinese company was also silent until the last.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
