SHENZHEN, China Huawei founder Ren Zhengfei called on employees of its departing Honor subbrand to strive to surpass its parent in a farewell speech as the tech giant sells the budget brand to keep its sanction-hobbled supply chains alive.
SHENZHEN, China Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival, after stepped-up U.S. sanctions hobbled Huawei's supply chains, industry insiders say.
* Industry executive says Xiaomi and others have ramped up
SHENZHEN, China It's 10 p.m. in the world's largest electronics market, and lines of delivery workers who once hauled computer components and knock-off phones now push carts overflowing with Mac lipsticks, Bioderma cleansers and other foreign beauty brands.
SHENZHEN, China Huawei Technologies Co Ltd [HWT.UL] is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers in a bid to keep it alive, the company and the consortium said on Tuesday.
SHENZHEN, China, Nov 17 Huawei Technologies Co
Ltd is selling its budget brand smartphone unit Honor
to a consortium of over 30 agents and dealers, according to a
joint statement signed by 40 companies involved in the purchase.
SHENZHEN, China The southern Chinese technology hub of Shenzhen, notorious for its long work hours, will become China's first city to require that workers take paid leave, a move to help reduce burnout that may be replicated in other parts of the country.