Huawei’s exit from premium smartphone market would be ‘a last resort’ amid US sanctions, analysts say

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Huawei Technologies Co is not expected to divest its premium smartphone business except as “a last resort”, according to analysts, a day after the Chinese telecommunications equipment giant denied that it plans to sell its flagship P and Mate brands amid stifling US trade sanctions.Speculation swirled on Monday about Huawei potentially selling its high-end smartphone brands, following reports from Reuters and Chinese local media QbitAI. Reuters said Huawei has been “in early-stage talks” with a…

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