IDC and Canalys data for the third quarter both show that Huawei’s domestic mobile phone shipments fell by more than 15% in the current quarter, which is extremely rare in recent years. 17 November Huawei announced that in the industry’s technical elements of unsustainable access to difficult times, the formal sale of the Internet mobile phone brand has more than 70 million units shipped annually- -Glory.
The sale will make the future glory get Qualcomm and MediaTek two chip giants supply hopes to surge. Qualcomm has previously disclosed that has been approved part of the product Huawei sale, but does not include 5G chips for the time being. After the glory of independence, its access to Qualcomm and MediaTek 5G chip supply is likely to rise straight up.
Gathering is a fire, scattered is full of stars, the future of Huawei and glory will continue to brothers hugging group to fight the world, or will drift away to become competitive relationship?
Huawei responded to this reporter that, for the delivery of the glory, Huawei no longer holds any shares, is no longer involved in business management and decision-making. In other words, the future of the two there is no longer subordinate relationship, a completely independent of the two market subjects.
The company’s new logo, HONOR, is a young figure who is working hard to overcome the obstacles.
For the sale of the glory of the situation, Zhao Ming remained silent. He told the Beijing Daily client reporter, “At this point in time, I am not yet in a position to comment on the matter.”
Huawei said, in the industry technology factors unsustainable access, consumer business is under tremendous pressure of difficult moments, in order to make glory channels and suppliers can be continued, Huawei Investment Holdings Limited finally decided to sell glory business assets as a whole, the acquirer is Shenzhen Zhixin New Information Technology Co.
The reporter noted that there are more than 30 glory agents, dealers jointly initiated this acquisition, which is also glory related industry chain initiated a self-help behavior.
Throughout the more than 30 glory agents, dealers, including the Shenzhen Capital Operating Group Co., Ltd. and other state-owned capital, but also Suning Tesco and other e-commerce enterprises, as well as days of communication, Shandong Yihua communications and other communications enterprises. For the previously rumored acquirer Shenzhou digital, did not appear in it.
At present for the acquisition of the price, the parties did not disclose. However, industry sources said that its price or about $ 40 billion.
Glory brand was born in 2013, always for young people. Relative to Huawei’s high-end price point, glory always adhere to the low-end price point, seven years has developed into an Internet mobile phone brand with an annual shipment volume of more than 70 million.
For the glory of consumers, channels, suppliers, partners and employees of the dedication, love and support, Huawei also publicly expressed gratitude on the same day, and wished the independent glory of glory together with shareholders, partners and employees, embarked on the road to new glory, continue to create value for consumers and create a new world of wisdom belongs to young people.
On November 12, Lei Jun just put forward, millet mobile phone sales back to the world’s top three is only the beginning, but the glory of independence, or will bring a certain impact on the development of millet.
Industry analysis, glory in order to regain a firm footing, will take more flexible market strategy, launch a richer product. For glory and millet, the old rivalry, more intense competition is close at hand.
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