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Huawei aims be to among top 5 smartphone firm by year end

Press Trust of India  |  Barcelona (Spain) 

Chinese maker expects to be among top five handset players in terms of by the end of this year. "This quarter , January-March, you will see phenomenal growth in numbers (sales). Top 5 , you will see us by end of this year," P Sanjeev, Vice President, Sales, Consumer Business Group told here. The company aims to garner 10 per cent market share in by 2019 and meet around 80 per cent of the demand in the country from "Two things will happen for sure, we will be the fastest growing brand in the country (India) and second we will have very solid improvement in market share," said. He said that the company registered 300 per cent growth on monthly basis with launch of the Honor 9 Lite. "We planned for three of the Honor 9 Lite in but now we have run 8 of the device.

We have had meetings here to discuss next round of We have never had such long in for any device ," said. He said that the company is now looking to diversify business in internet-of-things (IoT) segment. "We expect to start IoT trials by October in India," said. here launched first ever 5G chipset that can be used for accessing 5G services with help of or a modem. "We will build whole device ecosystem around it. We will get 5G (smartphones) by end of this year but it will not be commercial as networks are still not there. is end to end telecom network service provider. We will optimise our devices with network for better performance specially on power consumption side," said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 01 2018. 20:20 IST
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