China: Huawei Seeks to Be Top Smartphone Manufacturer
Richard Yu, CEO of Huawei’s Consumer Business Group, has stated that Huawei will be number 1 in the world even without the US market at the unveiling of the latest P20 and P20 Pro smartphones on Tuesday the 27th March according to sources.
In addition, his response was to questions that occurred in a group interview which concern whether Huawei was worried about its current market position in comparison to its competitors like Samsung and Apple, as well as how the increasingly protectionist market sentiments coming from the US.
The smartphone maker was under the impression that it had closed deals with Verizon and AT&T to sell its smartphones in that market, however the US carriers walked away at the last minute due to security concerns.
Huawei Technologies Co. are said to have stated that fierce smartphone sales resulted in profit growth recovery in 2017 after a massive flop in 2016.