Huawei,
the world’s sixth largest mobile phone vendor, said on Wednesday that
it expects to ship more than 100 million mobile phones in 2012,
including 60 million smartphones, Reuters reported. The Chinese company
sold a total of 55 million handsets, including 20 million smartphones,
in 2011 and is now looking to increase its global market share with a
focus on key markets. “We plan to target China, the United States,
western Europe and Japan as key markets,” said Shao Yang, chief
marketing officer of Huawei Device. The executive also said he expects
consumer device sales to reach $30 billion in five years, up from $7
billion, becoming as large as its telecommunications equipment
business. “This means that by that time, the revenue will be comparable
to our telecom equipment business,” Shao said. “We feel the room for
growth for devices is much bigger than the telecom carrier sector.” Huawei looks to ship 60 million smartphones this year
Huawei,
the world’s sixth largest mobile phone vendor, said on Wednesday that
it expects to ship more than 100 million mobile phones in 2012,
including 60 million smartphones, Reuters reported. The Chinese company
sold a total of 55 million handsets, including 20 million smartphones,
in 2011 and is now looking to increase its global market share with a
focus on key markets. “We plan to target China, the United States,
western Europe and Japan as key markets,” said Shao Yang, chief
marketing officer of Huawei Device. The executive also said he expects
consumer device sales to reach $30 billion in five years, up from $7
billion, becoming as large as its telecommunications equipment
business. “This means that by that time, the revenue will be comparable
to our telecom equipment business,” Shao said. “We feel the room for
growth for devices is much bigger than the telecom carrier sector.”
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