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Huawei firm wants to be the world’s high phone maker

SHENZHEN, China — Chinese tech Huawei firm has clawed its way to the top in China and now it wants to clobber Apple and Samsung globally by selling to richer customers.

It’s now the world’s third-largest smartphone maker, accounting for nearly one-tenth of the market.
“We’re more focused on developed countries, instead of developing countries,” Richard Yu, CEO of Huawei’s consumer business group, told CNBC.
Huawei has made it big at home, and it has expanded ambitiously in a quest to become a global brand.
That’s because they’re more likely to have a better economy and stronger consumer spending power, he said.

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Huawei firm wants to be the world’s high phone maker

Huawei

SHENZHEN, China — Chinese tech firm Huawei has clawed its way to the top in China and now it wants to clobber Apple and Samsung globally by selling to richer customers.
It’s now the world’s third-largest smartphone maker, accounting for nearly one-tenth of the market.
“We’re more focused on developed countries, instead of developing countries,” Richard Yu, CEO of Huawei’s consumer business group, told CNBC.
Huawei has made it big at home, and it has expanded ambitiously in a quest to become a global brand.
That’s because they’re more likely to have a better economy and stronger consumer spending power, he said.

collected by :John Smith

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