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Huawei continues to strike amid speculations

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Recent speculations are not stopping Huawei from getting bigger and bigger.

A chief executive from China-based tech giant stated on Thursday that they are expecting to be the top smartphone seller by the end of 2020, taking the place of Samsung.

Huawei took the second place last year, beating Apple.

CEO Richard Yu stated that they landed 30% more sales in 2018 than the previous year, selling more than $200 million smartphones.

The company also sold tech equipment such as tablets and wearables worth more than $100 million.

Huawei’s revenue from customer business increased to $53 million, rising more than 40%.

Huawei faced several problems in the last months of 2018, from an arrested chief executive to warnings from intelligence agencies of different countries for the security of its wireless 5G devices.

 

 

 



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