Ambitious Huawei wants to overthrow Samsung by 2017
At the IFA where Huawei introduced it’s Ascend G7 phablet, the Chinese company made it known of it’s plans to take up 25% of worldwide smartphone sales in next three years time.
Latest estimation of the global smartphones market by IDC shows that Samsung is the current leader with 25 %, Apple follows with 12 % while Huawei is holding third position at 7 %. But all that is about to change, CEO Richard Yu warns, he said his company is gunning for total control of 25 % by 2017.
Yu, a know critic of Apple and Samsung, didn’t mention names specifically, but in 2017, having a large amount of market share as big as Huawei dreams will see them at top position with a very wide gap lying between other contenders as more brands are expected to share up the market.
However, CEO Yu did not agree with the above, he insisted that only three to four vendors will make it strong in 2014 while others are expected to go out of business.
The CEO added that his company is also developing a smartwatch that will break cover by next year. The product will be both “innovative and beautiful”, he promised.
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