Huawei Looks to Bump Apple and Samsung in Five Years

1 comments Tuesday, February 23, 2016

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Huawei mightn't be a common household name in the USA, however, the Chinese enterprise is the third most significant smart phone seller across the world right behind Samsung and Apple, according to Huawei's shipment and marketshsare in the past year, especially in the fourth quater. Presently Richard Yu, the chief of device business, asserted he believes Huawei may be number one in only 5 years.

“We are really quite behind in the U.S. market place,” Yu opened up. And it’s accurate. Currently, the enterprise has played a modest role on America ground, moving a paltry number of handsets through online sales. In the event that they really need to take up the USA, they will need to safeguard collaborations with the nation’s significant carriers, an effort they desire to make progression in over 2016. The aim is to have Huawei goods sold via one of the giant four by the end of this year.

While some may scoff at Huawei’s purpose to grow to be the leading brand name in the handset market place, a little bit of context can make the negative people a little more undecided. As Yu said during a conference in Barcelona a few days ago, “4 years ago, no one recognized who we were, even in China.” The corporate has vaulted to the upper echelons of the smartphone planet in just a couple of short years. Although the path gets more challenging and the air slimmer at these heights, Huawei may just have the force to elevate themselves all the way to the top.

Even so, the corporation confronts issues together with the sheer size of its rivals. The worldwide market for cell phones has been cooling lately, chiefly thanks to an oversaturation of the market - particularly in China. Yu says they are not fearful and that there's still room for development.

The company believes they already have very compelling products and that there is a big marketplace for them, however, that too little brand recognition is hampering their progress. After that challenge is beaten, Huawei anticipates to develop into the # 2 smart phone vendor by the year 2019 at the latest and the first by the year 2021.

What is your opinion of this Chinese phone giant’s dreams to surpass Samsung & Apple? An achievable world-rocker for the marketplace, or just a pipe dream? Tell us your view in the comments down the page!

Below is the ranking of the top smartphone OEMs in 2015.

Strategy Analytics January 2016

Huawei , Apple , Samsung


Created on 3/31/2016 8:02 AM
That inhtisg's just what I've been looking for. Thanks!

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