Huawei to sell key server division due to US blacklisting

REUTERS/Hannibal Hanschke

Huawei Technologies Co is in advanced talks to sell its x86 server business after the U.S. blacklisting of the company made it difficult to secure processors from Intel Corp, Bloomberg News reported on Tuesday.

The Chinese telecoms giant is selling the server business to a consortium that includes at least one government-backed buyer, the report said, citing people familiar with the matter.

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