Huawei Declares Ambition to Be No.1 After Dethroning Apple
Huawei Technologies Co., which just edged past Apple Inc. to become the world's second-largest smartphone maker, wants to be top of the heap before the end of 2019.
The Chinese giant shipped more than 95 million phones in the first six months, up about 30 percent from a year earlier. Consumer division chief Richard Yu on Friday said he wants Huawei to be No. 1 in smartphones by the fourth quarter of next year, with a market share of more than 20 percent -- despite acknowledging its virtual absence in a pivotal U.S. market.
Huawei this year overcame a global slump by grabbing sales from Apple and current leader Samsung Electronics Co. The fast-growing consumer division has helped Huawei, the leader in global telecommunications equipment, get past lackluster demand from carriers globally. Despite barely making a dent in the U.S., it's managed to build a strong presence in $600-plus phones in markets from Europe to Africa, which in turn allowed it to break Apple's and Samsung's years-long stranglehold on the global market.
Also at WSJ, Business Insider, and CNBC.
See also: Global tablet sales decline, with only Apple and Huawei showing growth
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(Score: 5, Interesting) by takyon on Sunday August 05 2018, @08:57PM (2 children)
If Huawei's purpose is to spread millions of China-backdoored units across the planet rather than turn a bigger profit, it could be the right metric.
Alternatively, Huawei phones are more secure because they are made out of the reach of the NSA. And we care more about the number of phones shipped/sold and their pricing rather than the company's profits.
Either way, Huawei is here to stay (for now).
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 0) by Anonymous Coward on Sunday August 05 2018, @09:36PM (1 child)
FTFY
I don't think a major carrier in the US sells Huawei phones at the moment, but the UK has Huawei telecom hardware built deep in their infrastructure.
(Score: 3, Interesting) by FatPhil on Monday August 06 2018, @06:14AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves