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Huawei Shopping Its Handset Business

May 7, 2008, 12:14 PM by Eric M. Zeman

Huawei Technologies is considering selling a large portion--possibly even a majority--of its handset business to a foreign investor. Huawei, which is a 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.

The Wall Street Journal »

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Comments

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This forum is closed.

pfs2009

May 7, 2008, 7:33 PM

"Shopping"

Shouldn't it be selling its handset business?

learninghome

You know, that makes a little more sense ;)

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