huawei exec confirms goal of becoming worlds top phone manufacturer put on hold

Huawei was aiming to surpass Samsung as the largest smartphone distributor by Q4 this year before the US added the Chinese company to its “Entity List” banning any US firm from trading with Huawei. And while the company has repeatedly expressed its belief that the turmoil won’t have huge impact on its business long term its chief strategy officer Shao Yang admitted that it will have to delay its goal during a keynote held at CES Asia in Shanghai.

We would have become the largest in the fourth quarter (of this year) but now we feel that this process may take longer. – Shao Yang (Huawei…

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Link: https://www.gsmdb.com/gsmarena/huawei_exec_confirms_goal_of_becoming_worlds_top_phone_manufacturer_put_on_hold-news-37529.php