Huawei wants to beat Apple in smartphones in two yearsReuters Richard Yu, chief executive of Huawei's consumer business group: "When we announced four years ago that we wanted to sell phones, people told us we were crazy." China's Huawei wants to be the world's second-largest maker of smartphones in two years, Richard Yu, chief executive of Huawei's consumer business group, says. Having made its name as a builder of telecommunications networks, Huawei has been active in the consumer devices market for only a few years and is now the third-biggest smartphone maker after Apple and Samsung. Apple was still well ahead with 45.5 million devices, or a 12 per cent market share. With Apple struggling to come up with surprise designs and Samsung reeling from having to scrap its flagship phone, Yu said Huawei was at a tipping point.

Source: Stuff November 07, 2016 19:11 UTC