Notebookcheck

Huawei plans to beat Samsung and Apple in five years

Huawei Honor V8 Android handset with IPS-NEO display and HiSilicon Kirin processor
Huawei Honor V8
The company's CEO has recently said that Huawei plans to overcome Samsung and Apple, becoming the global leader of the smartphone market within four or five years.

Huawei is currently the third smartphone maker in the world and, considering the first quarter results, they have a long path uphill ahead if they want to beat Samsung. In Q1 2016, Samsung shipped almost 82 million units, followed by Apple with 51.2 million, and Huawei got third place, with 27.5 million handsets shipped. However, Huawei saw an increase of over 30 percent compared to the same period of 2015 while both Apple and Samsung had their shipment numbers go down.

In an interview with The Wall Street Journal, Huawei's CEO Richard Yu made things clear by saying "We want to be the No. 1 smartphone, smart-device supplier in the world." When asked how long he thinks that would take, he revealed that the company's plan is to do that in "maybe four or five years."

The company relies on its growth in China and other emerging markets, but they also aim to catch up the current market leaders in the US and Japan. Mr. Yu also added that he hopes Huawei will control more than 20 percent of the global market in five years, but the figure could go even above the 25 percent barrier.

Back in 2015, Huawei shipped 107 million units, while Apple and Samsung managed to reach 232 million and 321 million units shipped. However, all the other manufacturers accounted for no less than 779 million units.

Source(s)

static version load dynamic
Loading Comments
Comment on this article
Please share our article, every link counts!
> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 06 > Huawei plans to beat Samsung and Apple in five years
Codrut Nistor, 2016-06- 9 (Update: 2016-06- 9)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.