Yu Chengdong: Huawei to become the world’s largest smartphone brand by 2020

On April 11, Yu Chengdong, CEO of Huawei’s consumer business said, Huawei expects to become the world’s largest smartphone brand by 2020, surpassing both Samsung and Apple.

Yu Chengdong said, in addition to the United States, South Korea, Brazil, and few other markets can’t enter because of non-product reasons, but the rest of countries are maintaining rapid growth.

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Therefore, Huawei can achieve the world’s number one smartphone shipments this year. He further said that even though this year may be only the second, he is confident that Huawei will be number one next year.

Yu Chengdong said that Huawei is surpassing Apple Samsung in many developed countries to become the market leader. As far as the Chinese market is concerned, one out of every three mobile phones sold is now Huawei. This year, one of every two sold will be Huawei.