People’s Daily recently reported that Eric Xu, one of Huawei’s three chief executives, delivered a speech at the Mobile World Congress, which is the largest international conference in the mobile industry. Xu suggested that Huawei is planning to introduce a series of new Huawei-branded mobile phones to the U.S. market. Huawei expects to sell 80 million to 100 million mobile phones globally in 2014. This figure represents eight percent of the global mobile phone market. Xu expressed interest in shifting the company’s focus to high-end smart phones. The United States still excludes Huawei from the list of permitted suppliers for the U.S. communications infrastructure. Xu admitted that his company suffered a tough time last year in the U.S. market due to the lack of new products. He promised to deliver more new products to U.S. customers. However, Huawei will not “actively seek” infrastructure deals in the U.S.
[Editor’s note: Huawei is the second largest communications equipment manufacturer in the world. Due to its close historic ties to the Chinese military, Huawei’s products have been banned from communications infrastructure level bids in many industrialized countries such as the United States, Canada, and Australia. Huawei is not a publicly traded company.]
Source: People’s Daily, February 28, 2014
http://world.people.com.cn/n/2014/0228/c157278-24488876.html