Huawei looks to sweep Apple & Samsung in 5 years

Huawei looks to sweep Apple & Samsung in 5 years

Huawei mightn’t be a well-known name in the US, however , the Chinese smartphone company is the third most significant cell phone supplier all over the world right behind Samsung and Apple. Today Richard Yu, the leader of device business, asserted that he is certain Huawei might be number 1 in merely five years.

“We are very late in the North America marketplace,” Yu opened up. And it’s the case. Currently, the corporation has just played a minor role on USA soil, moving a small amount of mobiles via internet sales. In the event that they really need to occupy the states, they’ll need to secure partnerships with the nation’s major carriers, an endeavor they wish to make progression in throughout 2016. The goal is to have Huawei merchandise sold through one of the huge four by the end of the year.

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While many might scoff at Huawei’s purpose to become the cutting edge name in the smartphone market place, a little context could make the negative people a little bit more uncertain. As Yu pointed out during a conference in Barcelona the other day, “ 4 years ago, nobody realized who we were, even in China.” The corporate has vaulted to the upper echelons of the handset world in only some short years. Even if the course gets more challenging and the air leaner at these altitudes, Huawei may just have the traction to carry themselves all the way to the top end.

Yet, the company encounters challenges besides the absolute size of its contenders. The world-wide marketplace for cell phones has been cooling in recent times, essentially resulting from an oversaturation of the market – specifically in China. Yu says they aren’t fearful and that there’s still space for progress.

The corporation believes that they already have very solid products and that there’s a sizeable marketplace for them, but that a deficiency of brand recognition is working against their improvement. As soon as that problem is conquered, Huawei expects to become the number 2 smartphone seller by 2019 at the latest and the number 1 by the year 2021.

What do you think of this Chinese mobile giant’s wishes to overtake Samsung and Apple? A likely world-rocker for the market place, or just a pipe dream? Tell us your thoughts and opinions in the comment forms directly below!

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