Huawei May Sell a Stake Abroad?

Huawei May Sell a Stake AbroadHuawei May Sell a Stake Abroad? According to The Wall Street Journal, Huawei is considering selling a large portion–possibly even a majority–of its handset business to a foreign investor. The Chinese maker of telecommunications equipment said it will use the investment to help it enter the North American market and become a supplier of handsets to North American wireless network operators. The sale, which could total in the billions of dollars, is in the earliest stages of discussions. Stay tuned.

(via phonescoop, wsj)










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