Huawei exec confirms goal of topping smartphone world put on hold


Huawei was aiming to surpass Samsung as the largest smartphone distributor by Q4 this year before the US added the Chinese company to its “Entity List” banning any US firm from trading with Huawei. And while the company has repeatedly expressed its belief that the turmoil won’t have huge impact on its business long term its chief strategy officer Shao Yang admitted that it will have to delay its goal during a keynote held at CES Asia in Shanghai.

We would have become the largest in the fourth quarter (of this year) but now we feel that this process may take longer. – Shao Yang (Huawei CSO)

Yang also added that Huawei is currently selling between 500,000 and 600,000 smartphones daily. The beginning of 2019 saw huge growth of Huawei smartphone sales and the company felt its target was just months away.

Now, new estimations suggest Huawei’s goal will take at least another quarter but given the grim situation, it might take much longer than that as competitors are expected to eat up Huawei’s market share. It will really depend on how long this whole thing takes to resolve we guess.

Source | Via


Source link

Check out  Weekly poll: What cameras do you use the most on your phone?

9 Comments on “Huawei exec confirms goal of topping smartphone world put on hold”

  1. This design is spectacular! You most certainly know how to keep a reader amused.
    Between your wit and your videos, I was almost moved
    to start my own blog (well, almost…HaHa!) Fantastic job. I really loved what you had to say, and more than that, how you presented
    it. Too cool!

  2. It’s a pity you don’t have a donate button! I’d certainly donate to this excellent blog!
    I guess for now i’ll settle for book-marking and adding your RSS feed to my Google account.
    I look forward to new updates and will talk about this blog with my Facebook group.
    Talk soon!

  3. Can I just say what a comfort to find somebody who really understands what
    they are discussing online. You definitely understand
    how to bring an issue to light and make it important. More people need to read
    this and understand this side of your story. I was surprised that you are not more popular given that you surely possess
    the gift.

Leave a Reply

Your email address will not be published. Required fields are marked *