Huawei plans to sell glory mobile phone business?

Recently, the news that Huawei glory will be sold continues to ferment online. On the afternoon of November 10, a number of people familiar with the situation were quoted as saying that Huawei planned to package and sell the glory mobile phone business as a whole, and glory management would hold shares in the new company. The purchasers include digital China, three state-owned enterprises and TCL. The purchase price is about 200 billion yuan. < p > < p > it is reported that along with the equity sale of glory, the glory mobile phone team will usher in a major personnel structure adjustment. “Wan Biao, Huawei’s consumer business coo, will be honored. He Gang, the former president of Huawei’s mobile phone product line, will be the COO of Huawei’s consumer business. And Yu Chengdong, CEO of Huawei’s terminal business, will not join the glory company that has been stripped out. ” < / P > < p > for the authenticity of the above news, the reporter contacted Huawei, glory and digital China respectively, but no response has been received up to the time of publication. < / P > < p > in addition to the above-mentioned purchasers, there have been a number of unconfirmed bidders entering the bureau to negotiate with Huawei, especially the Shenzhen Xingmeng information technology partnership. < p > < p > affected by the above news, digital China saw a rapid rise and a sharp fall. It reached the trading limit in 2 minutes. At the end of the trading, the trading limit was 46000, closing at 31.68 yuan / share, with a total market value of 20.7 billion yuan. Meanwhile, TCL technology also rose slightly, rising 3.38% to 7.03 yuan / share, with a total market value of 95 billion yuan. < / P > < p > judging from the dragon and tiger list of Digital China today, Shenzhen Stock connect is doing T, and it has bought more than 44 million yuan and sold more than 93 million yuan at the same time. Dongguan Securities Beijing Branch, where the famous hot money “famous Assassin” is located, bought more than 27 million yuan. < p > < p > according to a person familiar with the matter, it is not ruled out that companies such as digital China, TCL and Shenzhen Star Alliance will jointly purchase glory. “They have talked for a long time, and it has been decided in early October, but now this is the best time. After Biden’s victory, they will focus on the handover, and have no time to consider Huawei and glory.”. < / P > < p > according to the person, the amount of glory sold is not important to some extent. “Huawei encourages its internal staff to remove the glory after divestiture, because Huawei will launch Hongmeng system on a large scale next year, and it is more concerned about its long-term strategy, that is, whether glory can continue to carry Hongmeng to support Huawei at that time.” < p > < p > according to the Economic Observer network, in response to the matter, people from the Securities Department of Digital China replied: “we don’t respond to rumors.” Glory market communication department response said: “there is no response at present, we do not know internally, but also to see the media reporting.” However, on the evening of November 10, according to surging news reports, Huawei’s sale of glory was basically finalized and will be officially announced later this month. According to relevant sources, the partnership enterprise composed of multiple channel providers will be one of the suppliers, and there may be industrial chain enterprises. There will be a number of Huawei management personnel parachuted to the new company. Wan Biao, chief operating officer of Huawei consumer business, Zhao Ming, President of glory, and Fang Fei, vice president of Huawei product line, are likely to appear in the management team of the new company. It is understood that the name of the partnership, which is composed of a number of channel providers, is exactly Shenzhen Xingmeng information technology partnership, which has been registered and established a few days ago. According to qixinbao, the shareholders of Shenzhen Xingmeng information technology partnership are six institutions: Beijing Songlian Technology Co., Ltd., Beijing Putian Taili Communication Technology Co., Ltd., China Post and Telecommunications Equipment Group Co., Ltd., Gongqingcheng kugui investment partnership, Tianyin Tongxin Co., Ltd. and Shenzhen Kunpeng Zhanyi Equity Investment Management Co., Ltd. < p > < p > Shenzhen Star Alliance was established in October 2020 with a registered capital of 1.37678 billion yuan. In addition to the executive partner, Kunpeng Zhanyi is a national contractor or distributor, distributor and agent of mobile phone. At the same time, Guo Ping, the chairman of Huawei, has to actively respond to the U.S. government’s application for several billion mobile phone chips every year. According to another analyst who did not want to be named, Huawei’s Kirin chip stock should be around 10 million, but due to a certain defect rate, the actual quantity may be lower than this figure. < / P > < p > when the high-end chips on the terminal side are cut off, the competitive advantage of Huawei to C market will inevitably be narrowed. According to the smartphone sales data released by canalys in the third quarter of this year, Huawei shipped 51.7 million mobile phones in the third quarter, a year-on-year decline of 23%. This is the first time Huawei has seen such a decline in recent years. < p > < p > in recent years, Huawei’s consumer business has always been Huawei’s cash cow and growth point. As a sub brand of Huawei, glory focuses on the youth market and directly targets manufacturers such as millet, which contributes greatly to the overall shipment volume of Huawei’s mobile phones. However, under the current situation, Huawei’s reserves seem to be insufficient to support the shipment of flagship models of the two brands. Even the new flagship model mate 40 series released by Huawei last month is facing a shortage of supply. At the same time, the reporter noted that the glory of frequent new aircraft releases in the first half of this year is quite low-key in recent months, and no new models have been released. < / P > < p > in addition, it can not be ignored that although the market share of glory is high, its profitability is not as good as Huawei’s high-end product lines mate and P series, and the latter two can bring higher brand premium and profit. At the beginning of last month, Guo Mingzhen, a famous apple analyst and Tianfeng securities analyst, said in his report that one of the most likely scenarios of Huawei’s contingency measures is the sale of Huawei’s glory mobile phone business. < p > < p > Guo Mingzhen believes that Huawei’s sales of glory mobile phone business is a win-win situation for glory brand, suppliers and China’s electronics industry: “once glory is independent from Huawei, the former’s purchase of parts is not restricted by the US ban, which also helps glory mobile phone business and suppliers grow; glory independence can maximize the brand and help the independent and controllable development of China’s electronic industry Yao can develop high-end models after independence. If glory is successful and independent, it will have more advantages in the development ability and marketing of medium and high-end models. At the same time, glory and independence will have a greater impact on Millet – the latter’s increase in market share will be lower than market expectations. ” Continue ReadingASMC, a lithography maker, was one of TSMC’s 14 top suppliers last year

Author: zmhuaxia