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Huawei says it will continue to invest in US despite setbacks

15 March 2018 2

Chinese telecoms giant Huawei has announced that it will continue to invest in the United States in spite of not receiving a good response in sales.

Xu Qingsong, Huawei's head of sales and marketing stated that he is "confident" that smartphone sales in the US would triple this year.

In Jan, reports had emerged that Huawei was planning to get in the lucrative American market. The company was getting into an agreement with AT&T, however, that fell through due to pressure from the US government.

In the past, Huawei officials have rejected US security complaints and stated that they were politically motivated and its rivals were trying to keep it out of the US market.

"I don't know why they're so nervous," Xu said Tuesday, referring to the US. "They're too nervous."

Huawei sells some devices in US electronics stores and online, however, the company which wants to become the number one seller globally, has been unable to get a strong foothold in the US market. The Chinese smartphone maker trails behind Samsung and Apple in handset shipments, but, leads in its home market China and says that it expects to ship a total of 150 million devices this year.

Kevin Ho, president of Huawei's handset product line, stated that the company plans to now focus on Europe as well as emerging markets in Asia, including India.

"There are still some big countries where our market share is very, very low," Ho said. "This is a hint of where we can raise our market share globally."



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