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Home Phone Huawei

Huawei splitting consumer business? Insiders reply to rumors!

by Huzefa Baloch
March 5, 2023
in Huawei
Reading Time: 3 mins read
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Ren Zhengfei, founder and chief executive officer of Huawei Technologies Co., speaks during a Bloomberg Television interview at the company's headquarters in Shenzhen, China, on Friday, May 24, 2019. Ren, the billionaire founder of China's largest technology company, conceded that Trump administration export curbs will narrow a two-year lead Huawei had painstakingly built over rivals like Ericsson AB and Nokia Oyj. But the company will either ramp up its own chip supply or find alternatives to keep its edge in smartphones and 5G. Photographer: Qilai Shen/Bloomberg

Ren Zhengfei, founder and chief executive officer of Huawei Technologies Co., speaks during a Bloomberg Television interview at the company's headquarters in Shenzhen, China, on Friday, May 24, 2019. Ren, the billionaire founder of China's largest technology company, conceded that Trump administration export curbs will narrow a two-year lead Huawei had painstakingly built over rivals like Ericsson AB and Nokia Oyj. But the company will either ramp up its own chip supply or find alternatives to keep its edge in smartphones and 5G. Photographer: Qilai Shen/Bloomberg

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Huawei has been facing pressure due to chip restrictions. This has led to a decline in its consumer business revenue. There have been rumors that Huawei may partially split its consumer business. And transfer some mobile phone R&D teams to Honor to cope with these challenges. Well, the insiders have spoken about the Huawei consumer business, and now we know if Huawei is really splitting up its consumer business or not.

Is Huawei Spinning Off Restricted Businesses?

huawei consumer business
According to Securities Daily, Huawei may consider a partial split of its consumer business due to chip restrictions. However, insiders deny these rumors. They stated that the consumer business is important for Huawei’s enterprise market. Huawei has renamed its consumer business as the terminal business. Moreover, they launched various commercial products, such as notebooks, desktops, monitors, and tablets.
 
Experts warn that divesting the consumer business could negatively impact Huawei. It could affect the company’s health, display, and metaverse fields. As well as the development of their in-house software. Additionally, Huawei needs the consumer business for the future. As the company has s plans to enter the gaming and digital currency industries. Thus, the cost of spinning off the consumer business would be too high.
 
However, some experts suggest that spinning off restricted businesses can reduce risk and increase cash flow. In November 2020, Huawei sold its brand Honor assets and achieved good results. Huawei needs to address chip manufacturing technology challenges and collaborate with the domestic semiconductor industry chain while maintaining its core business.

Huawei splitting consumer business is a false myth, but still, the tech giant is in deep waters

Huawei denies the possibility of a large-scale spin-off of its consumer business. Emphasizing its importance to their enterprise market. Huawei has renamed its consumer business as the terminal business. They are focusing on the commercial terminal market. Though, there are some perks to spinning off restricted businesses. As it may reduce risk and increase cash flow. That being said, it is still a hard time for Huawei. Hopefully, the Chinese tech giant finds the solution to the problem so they can enter the global market again.
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Huzefa Baloch

Huzefa Baloch

The idea behind TechBoiler came to my mind at a very young age and now I'm turning it into a reality!

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