Huawei Is Shaking Up the Smartphone Market: Huawei Technologies Co. may be unknown to many U.S. consumers, but the Chinese company is becoming a threat to Samsung Electronics Co., the worlds biggest smartphone maker. Huaweis rise is an indication that growth in the mobile-phone industry is coming mainly from outside China—emerging markets where many consumers are still replacing basic feature phones with smartphones. While Chinas increasingly saturated smartphone market is showing signs of slowing growth, Huawei is expanding rapidly in Africa, the Middle East and Latin America. As Huawei tries to sell more handsets overseas, among its advantages are its close relationships with mobile carriers around the world.
Posted on: Mon, 25 Aug 2014 08:29:33 +0000
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