Former Huawei Handset Unit Honor Preparing for an Initial Public Offering – State Media

SHENZHEN, China (Reuters) – Mobile phone maker Honor is preparing for an initial public offering, the state-owned Securities Times reported on Wednesday, without specifying a timeframe.

Honor was previously a unit of Huawei Technologies, which sold it in November 2020 in a bid to keep it going after U.S. sanctions limited Huawei’s access to critical technology.

(Reporting by David Kirton, Editing by Louise Heavens)

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