Media: Honor stopped deliveries of smartphones to Russia

As the source told Vedomosti, there were no official statements from the company about this, but the supply of smartphones in Russia stopped back in March. Currently, the Chinese company is looking for partners in Armenia and Georgia, has already reached agreements with Uzbekistan to import gadgets to the Russian Federation under the parallel import scheme. This, the source said, indicates that the company intends to continue selling its smartphones to Russians.

According to Mikhail Burmistrov, CEO of Infoline Analytics, consumer electronics from China are not subject to restrictions, but working with distributors in the CIS countries will help the company reduce sanctions risks. Moreover, at present, many organizations, when working with the Russian Federation, limit supplies without official statements.

In early June, China's largest telecommunications equipment manufacturer Huawei began closing its stores in Russia due to a lack of products in warehouses and falling demand for smartphones. At the same time, Huawei also did not officially announce its withdrawal from the Russian market, but at the end of last month it stopped responding to requests for deliveries to the country. According to the Mintsifra, if contracts are not fulfilled, lawsuits can be filed against the company.