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
Related: Huawei CEO Still Committed to the U.S. Market
Rural Wireless Association Opposes U.S. Government Ban on Huawei and ZTE Equipment
Huawei Has Ended Support for Unlocking Bootloaders on Its Devices
Apple Becomes First US Company to Exceed $1 Trillion Market Capitalization
(Score: 2) by c0lo on Monday August 06 2018, @12:09AM (1 child)
Huawei phones are good enough, every phone they sell is a phone Apple will surely not.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Monday August 06 2018, @02:15PM
Perhaps it is: when I had to migrate from Nokia, I bought an android phone for the freedom. Android sucked so much ass, I got real in two months and bought an iPhone that I jailbroke.