Huawei may be looking for a buyer for its server division

Huawei is in talks to sell its server business after struggling to get processors due to the company’s blacklist by the US government.

As reported Bloomberg, the Chinese company is considering the idea of sell your x86 server business to a consortium of companies which includes at least one government-supported buyer.

Although the value of the transaction is still unknown, in recent months, there have been several potential buyers, Although state-owned Henan Information Industry Investment emerged as the most likely buyer, which makes sense given that it is a partner in Huawei’s server business.

Last year, Huawei also sold its Honor phone brand to a consortium run by the Shenzhen government.

While Huawei was once one of the main players in the smartphone market and was preparing to face Samsung and even Apple, everything changed in 2018 when the Trump government led a campaign against the company.

This has caused American companies such as Qualcomm to be banned from supplying various components to Huawei, including those used in 5G smartphones.

According to a statement by the company’s rotating chairman, Guo Ping, Huawei’s corporate business stabilized in the following years, while its consumer divisions were seen. “Significantly affected” on US sanctions, which have not yet been lifted.

We will likely have more news about Huawei’s server business as soon as the company finds a buyer for it.

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