Huawei Offloads x86 Business As It Chases Self-Sufficiency

In yet another shift away from its traditional hardware business, Huawei has sold its x86 server unit to a state-owned Chinese firm. Light Reading reports: China company registration data confirms that the sale to Henan Information Industry Investment Co. Ltd., owned by the Henan provincial government, concluded on November 5. The size of the transaction has not been disclosed. Huawei’s server business, like its once high-flying handset division, has been hit badly by US sanctions, which prevent it from obtaining the Intel chips that power 90% of the world’s servers. The vendor flagged the possibility of a sale at a company event six weeks ago. Eric Xu, one of Huawei’s three co-chairmen, acknowledged the server unit had “encountered difficulties” and said Huawei was in discussions with some potential investors.

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Source: Slashdot – Huawei Offloads x86 Business As It Chases Self-Sufficiency