Huawei offloads Honor brand in face of US sanctions

Huawei is selling its Honor brand. Picture: Mark Schiefelbein/AP

Huawei is selling its budget Honor smartphone brand in an effort to rescue the struggling business from damaging US sanctions on the Chinese technology giant.

The move is aimed at reviving Honor by separating it from Huawei’s network equipment and other businesses, which Washington claims are a security threat.