Chinese telecommunications-kit giant Huawei has failed to find a buyer for its handset division, with the state of world markets being blamed for all but two bidders pulling out. Back in May the company decided to sell off control of its handset division, and hired Morgan Stanley to find a buyer for a majority-shareholding in …
A Small Cheap Handset maker...
... in a market rammed full of Small Cheap Handset makers. No-brand handsets like Huawei or Lenovo Mobile simply won't sell if pitched at more than 1000RMB, which barely covers the cost of 2001-standard hardware (ARM7, 1MB internal memory), let alone OS and patent licensing. If Chinese customers want to pay more for their phones, they buy Western-familar brands (Nokia, SE, Samsung, Moto and LG).
Nobody really wants the product, so who'd buy the company?
Owner of a Huawei USB modem
No wonder they can't find a buyer, their modems can't find a signal worth shit.
>No wonder they can't find a buyer, their modems can't find a signal worth shit.
If you ever get a chance have a wander into a telephone exchange, nearly all the new gear is Huawei (along with most of the problems). How about cards that are designed that when one fails, another kicks in to carry on. PROVIDED they are both on exactly the same software version, if not then watch the complaints roll in as users lines go down :)
next time Huawei will get even lower price
And it will also get something in its hat. :) http://dilbert.com/2008-10-06/
- Product round-up Ten excellent FREE PC apps to brighten your Windows
- Hi-torque tank engines: EXTREME car hacking with The Register
- Review What's MISSING on Amazon Fire Phone... and why it WON'T set the world alight
- Product round-up Trousers down for six of the best affordable Androids
- Why did it take antivirus giants YEARS to drill into super-scary Regin? Symantec responds...