US blacklisting forces Huawei to sell server business

Huawei Technologies is in advanced talks to offload its x86 server business after running into difficulty in securing processors from Intel Corp due to US sanctions. The Shenzhen-HQ powerhouse is selling the server business to a consortium that includes at least one government-backed buyer, according to reports from Bloomberg, citing sources familiar with the matter. The American news outlet named further potential buyers, including Zhengzhou-based Henan Information Industry Investment, a...