Reports that Huawei is contemplating a structural adjustment of its terminal business division that would contain splitting the mobile phone business and transferring a part of its analysis and growth crew to Honor are false, an organization insider has informed native media outlet Jiemian. Instead, the telecoms big is growing funding in its mobile phone business and sustaining its high-end model technique, the worker asserted. Huawei is reportedly planning to launch the P60 collection and the foldable phone Mate X3 later this month. In addition to mobile telephones, Huawei’s terminal business division is additionally actively selling its good automotive business. The CEO of Huawei Terminal, Yu Chengdong, believes that the good automotive business, with its massive revenue margin, will probably be a powerful complement to the terminal business, which has been dealing with challenges just lately due to chip provide constraints. [Jiemian, in Chinese]
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