Huawei said to be in talks to divest parts of Honor smartphone biz

Huawei said to be in talks to divest parts of Honor smartphone biz

REUTERS/Hannibal Hanschke

Huawei Technologies Co Ltd is in talks with Digital China Group Co Ltd and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to 25 billion yuan ($3.7 billion), people with knowledge of the matter said.