After Overtaking Apple, Huawei is Aiming to Become World’s No. 1 Smartphone Manufacturer

Huawei

China’s tech giant Huawei is planning to become the world’s No. 1 smartphone player by 2020, after overtaking the iPhone maker, CNBC reported, citing Richard Yu, Huawei’s CEO of consumer division in an exclusive interview.

Huawei is already the top player in China, the world’s largest smartphone market, and has been a leading contender on the global stage. In addition, the company became the world’s second-largest smartphone maker, overtaking Apple, at the end of this year’s second quarter.

Now, it is setting sights on the number one position by 2020 – currently Samsung holds the top spot, as reported in CNBC. Along with its anticipated G-mobile technology, foldable phones, AR glasses, and even a voice assistant outside of China, Huawei has been achieving things at quicker pace.

Until 2010, the company didn’t have smartphone of its own brand, the year marked the appearance of its first Android smartphone brand ‘IDEOS’. With rapid development in mobile networking equipment, Huawei became one of the biggest technology firms in China, it is also one of the world’s major suppliers.

In 2018, Huawei has launched smartphones not only with unique features but also with original artificial intelligence chips. Being the Original Design Manufacturer (ODM), Huawei now makes devices and design them for other companies and is stepping into high-tech evolution, moving towards 5G technology.

Mr. Yu stated that the company is very close to becoming the number one or be equivalent to Samsung. And, at least the year after, in 2020, Huawei may have a chance to acquire the spot, he added. The main reasons for robust growth of the company is majorly attributed to its continuous innovations in the smartphones technologies that offered affordable prices to the consumer. For instance, Huawei launched their P20 Pro smartphone in March 2018 with unique features including triple-lens camera at a price just over $1000.

According to Yu, innovation capabilities of the team are largely encouraged to make bold innovations and challenge themselves as well as the industry. He also believes that AI will become an important in the future, bringing smartphones to another level. AI is coming and will be the engine for all future services, he said.

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Rahul Pandita

Rahul Pandita

Expert in understanding the gradations of digital marketing and market research write-up, Rahul’s Increasing concentration on the recent developments across leading industry verticals shine through his highly perceptive write-ups published on Fact.MR. Offering before the world a clearer understanding regarding current developments and ramifications. Rahul also offers a deeper understanding about the future growth predictions of the particular market.

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