Today at the Shanghai AWE 2019 conference Huawei’s consumer business CEO, Yu Chengdong, said that this year, Huawei and its Honor sub-brand targets 250 to 260 million units which would take the company closer to the number one spot in the world. Last year, Huawei and Honor smartphone sales hit 206 million units, ranking third in the world, but the gap between the Chinese manufacturer and Apple is very small.
Yu Chengdong said “In China, for every three smartphones bought by consumers, one is a Huawei phone. This year our goal is to have one for every two devices which means that we can get over 50% of China’s market share.”
In other news, Huawei’s CEO said that the company will not enter the TV market, Yu Chengdong was very clear. “Huawei will not do traditional TVs” he said. “The traditional TV experience is very bad and many people in the first-tier cities do not use conventional TVs”. However, Huawei will explore the large screens especially when it comes with AI functions. Currently, the company is discussing with partners and it could possibly release a product this year. Huawei also said that it will delve more into the IoT business. It will obviously create a huge competition for Xiaomi who is clearly ahead in IoT development.