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It’s finally here. After months of hype and speculation, Apple has finally unveiled the iPhone 12 series. The new range of iPhone 12 includes the iPhone 12, iPhone 12 Mini, the iPhone 12 Pro, and the iPhone 12 Pro Max. Apple launched the iPhone 12 series during its “Hi, Speed” virtual launch presentation. During the launch, Apple did indeed unveil four iPhone 12 variants including an entry-level 5.4-inch iPhone 12 Mini, in line with what the rumours had suspected all along. All the iPhone 12 models are powered by Apple’s A14 Bionic chip and come with Apple’s Super Retina XDR Display. The iPhone 12 Pro and iPhone 12 Pro Max will be powered with Apple’s A14 Bionic chip. The iPhone 12 Pro has been priced at Rs. 1,19,900 onwards, while the iPhone 12 Pro Max has been priced at Rs. 1,29,900 onwards. Both the phones will be available in India starting October 30.

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Huawei may sell Honor smartphone brand [Video]

Huawei is set to sell much of its Honor smartphone brand, according to Reuters sources.

Battered by U.S. sanctions, the Chinese firm is reportedly rethinking its priorities.

It wants to focus on its high-end phones, and ditch the budget-focused Honor offering.

The assets to be sold have yet to be decided, but could include the brand, research and development facilities and other units.

That could raise up to 3.7 billion dollars.

The front-runner for the acquisition is seen as Digital China Group.

It’s the main distributor for Honor phones.

But other contenders include electronics maker TCL and rival smartphone brand Xiaomi.

There was no immediate comment on the reports from Huawei or Digital China.

The Honor brand accounts for about a quarter of Huawei’s phone shipments.

But analysts say profit margins at the budget end of the market are razor thin.

Honor phones compete with value brands including Xiaomi, Oppo and Vivo in the Chinese market, and are also sold in Southeast Asia and Europe.

Video Transcript

Huawei is set to sell much of its Honor smartphone brand, according to Reuters sources. Battered by US sanctions, the Chinese firm is reportedly rethinking its priorities. It wants to focus on its high end phones and ditch the budget focused Honor offering.

The assets to be sold have yet to be decided, but could include the brand, research and development facilities, and other units. That could raise up to $3.7 billion.

The front-runner for the acquisition is seen as Digital China Group. It’s the main distributor for Honor phones. But other contenders include electronics maker TCL and rival smartphone brand Xiaomi. There was no immediate comment on the reports from Huawei or Digital China.

The Honor brand accounts for about a quarter of Huawei’s phone shipments, but analysts say profit margins

iPhone 12 Pro Buyers to Get Up To Rs. 34,000 Off on Trading Old Smartphone on Apple Online Store



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iPhone 12 Pro Buyers to Get Up To Rs. 34,000 Off on Trading Old Smartphone on Apple Online Store

Apple finally took the wraps off the iPhone 12 series last night. This year, the Cupertino-based giant did things a bit differently like launching four iPhone variants, or putting its Super Retina XDR OLED display across the whole range. Apple announced that all the iPhone 12 models will come with 5G support, and all will be powered by the same A14 Bionic chip that Apple first introduced with the iPad Air last month. Apple has priced the new iPhone’s starting at Rs. 69,900 onwards for the iPhone 12 Mini, while the iPhone 12 costs Rs. 79,900 onwards. The iPhone 12 flagship models, the iPhone 12 Pro and iPhone 12 Pro Max have been priced at Rs. 1,19,900 and Rs. 1,29,900 onwards on Apple official online store. The iPhone 12 Pro will be available for pre-orders starting October 23 and will be available from October 30. The iPhone 12 Pro Max pre-orders will start November 6, and the phone will be made available from November 13.

The iPhone 12 Pro costs Rs. 1,19,900 for the base 128GB storage variant, Rs. 1,29,900 for the 256GB option, and Rs. 1,49,900 for the top-spec 512GB storage option. The iPhone 12 Pro Max, on the other hand costs Rs. 1,29,900 for the 128GB variant, Rs. 1,39,900 for the 256GB variant, and Rs. 1,59,900 for the 512GB storage option. Like other iPhone 12 models, the iPhone 12 Pro and iPhone 12 Pro Max will also have a trade-in option for buyers. Apple is offering up to Rs. 34,000 off on the iPhone 12 Pro and 12 Pro Max on exchange via Apple Trade. Buyers can exchange any smartphone for the new iPhone 12

Huawei is in talks to sell part of its Honor smartphone unit

honor 30 pro plus review rear in hand

  • Huawei is reportedly in talks to sell off parts of its Honor unit.
  • It’s believed that Digital China, TCL, and Xiaomi are interested in the deal.

US sanctions against Huawei mean that the company’s smartphone business has suffered in a big way. Between its crippled in-house chipset division and the lack of Google support, it’s becoming increasingly tough for the firm to keep producing phones.

These troubles extend to its Honor sub-brand too, but Reuters now reports that Huawei is in talks to sell off parts of the Honor business in a deal potentially worth up to 25 billion yuan (~$3.7 billion).

The report, citing “people with knowledge of the matter,” alleges that Honor’s brand, research and development infrastructure, and associated supply chain management business could be sold under the deal. However, the newswire’s sources caution that this hasn’t been finalized yet.

It’s believed that Huawei will focus on higher-end phones due to the US sanctions. Honor has traditionally been focused on young and/or budget-conscious consumers.

Who would do Huawei the honor, then?

Reuters reports that Honor phone distributor Digital China is considered a front-runner for the deal. However, the newswire adds that TCL and Xiaomi are also in the running.

Selling part of Honor to another business theoretically means that US sanctions wouldn’t apply to Honor-branded devices produced as part of this arrangement. It isn’t immediately clear what this would mean for Honor devices released prior to a sale though.

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Furthermore, there’s no guarantee that the US government wouldn’t simply play whack-a-mole and apply sanctions to any company that acquires part of Honor. Huawei and Honor are intertwined in several ways, particularly when it comes to components used and research and development. So extricating large chunks of the sub-brand from its parent company will likely be a

Exclusive: Huawei in talks to sell parts of its Honor smartphone business

By Julie Zhu

HONG KONG (Reuters) – Huawei Technologies Co Ltd is in talks with Digital China Group Co Ltd <000034.SZ> 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.

Embattled Huawei is resetting its priorities in the face of U.S. sanctions and will focus on its higher-end Huawei phones rather than the Honor brand which is aimed at young people and the budget conscious, they said.

The assets to be sold have yet to be finalised but could include Honor’s brand, research & development capabilities and related supply chain management business, two of the people said.

The deal may be an all-cash sale and could end up smaller, worth somewhere between 15 billion yuan and 25 billion yuan, one of the people said.

Digital China, the main distributor for Honor phones, has emerged as the frontrunner but other prospective buyers include Chinese electronics maker TCL and rival smartphone maker Xiaomi Corp <1810.HK>, the people said.

The sources declined to be identified as the talks were confidential.

Huawei and TCL declined to comment. Digital China and Xiaomi did not respond to requests for comment.

The Honor brand was established by Huawei in 2013 but the business mostly operates independently from its parent. It competes with Xiaomi, Oppo and Vivo in China’s highly competitive budget phone market and its phones are also sold in Southeast Asia and Europe.

Kuo Ming-chi, an analyst at TF International Securities, has said that any sale by Huawei of the Honor smartphone business would be a win-win situation for the Honor brand, its suppliers and China’s electronics industry.

“If Honor is independent from Huawei, its purchase of components will no longer be subject to