Today after church my wife and I joined some friends for lunch. During conversation one of my friends pointed to my Huawei Watch and said, "Hey nice watch. Which watch is that?". I told him and of course he had never heard of Huawei. In fact out of 12 people at the table my wife and I were the only two that had ever heard of Huawei and my wife only knows them because I review their phones. I always hate that no one here in the US knows them. I started to explain that they are HUGE in China and my buddy asked if they were ever going to enter the US market. I had a chance to talk up the Honor brand, and talk about the phones they have released here state side.
The fact is that Huawei is huge globally. They are currently the 3rd largest smartphone maker in the world only behind Apple and Samsung. Huawei owns 9% of the smartphone market while Apple owns 12%. With devices like the Nexus 6P and the new Mate 9 they are poised to take a large share of the market. They are really gaining ground when it comes to consumer awareness even here in the US atleast with tech heads like myself and many of you. They still have a long way to go to be as recognizable as a company like Samsung or Apple. They seem to be up to the challenge though.
Huawei's CEO Richard Yu is ready to take on Apple and had this to say about it:
“We are going to take them (Apple) step-by-step, innovation-by-innovation. There will be more opportunities. Artificial intelligence, virtual reality, augmented reality. It is like driving a car. At every curve or turn, there is an opportunity to overtake the competition.”
I am actually pretty excited to see the stellar growth of Huawei. They make some of the best phones around and I for one really love what they are doing with their cameras and their in house Kirin CPUs. I would love to this company gain popularity in the US. Do you think this company could be bigger than Apple in two years?
via Reuters