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Huawei looks to ship 60 million smartphones this year

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					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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Description: Huawei looks to ship 60 million smartphones this year