Cybersecurity
Huawei Targets Gradual Growth to Win European Smartphone Ground
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Huawei Technologies Co., the third-largest smartphone vendor, is focusing on a gradual growth strategy instead of acquisitions to chase Samsung Electronics Co. and Apple Inc. for market share, its deputy chairman said.
“We’re not expecting an explosive development of our smartphone business, rather we want to grow that business step by step,” Eric Xu told reporters in London yesterday. “Ultimately we want to be the leading brand worldwide in smartphones, but it will take a while to get there.”