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Yesterday, Huawei shared the news of the sale of its Honor brand, and Chinese media also subsequently reported relevant news about the new Honor, including staff appointments and other deals. According to the report, several Huawei executives flew New Glory. Former chief operating officer of Huawei consumer business Wan Biao became president of New Glory, former Glory president Zhao Ming became CEO of the new company and former vice president of Huawei Fang’s consumer business product line Fei became President of the New Glory product line.
Chinese media said Glory is not qualified for the supply chain team, so Wan Biao sings at least 6,000 Huawei supply chain employees to pass the file. Additionally, Huawei said 6,000 engineers will be assigned to Glory. Employees who pass the file can persuade Huawei to buy back their holdings at the original price or receive 1.7x 2019 revenue as compensation. There are also reports that New Glory employees will be rewarded fairly and they have even proposed a three-year IPO target.
For ordinary consumers, they are more concerned about after-sales service agreements after Huawei sold Honor. According to the news, Honor’s customer service staff have indicated to users that the after-sales service and user account of the products that have been sold or are on sale will not be affected and the service can still be used through the original channels. . As for future product launches and sales, there will be a new glory company to provide after-sales service.
Source: sohu
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