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Honor launches first phone since being sold by Huawei after U.S. sanctions – CNBC

Honor, the Chinese smartphone brand formerly owned by Huawei, launched the V40, its first device since being sold off in response to U.S. sanctions.

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GUANGZHOU, China Honor, the Chinese smartphone brand formerly owned by Huawei, has launched its first device since being sold off. 
Huawei sold Honor, its budget smartphone brand, in November to a consortium of buyers in China, as a way to help the unit survive in the face of U.S. sanctions.
In 2019, Huawei was put on a U.S. export blacklist called the Entity List which restricted American firms from selling certain components to the Chinese technology giant. This included both semiconductors and…

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