Huawei doesn't need United States market, but wants to stay here

Apr 02, 2018, 08:01
Huawei doesn't need United States market, but wants to stay here

In all likelihood, the P20 and the P20 Pro might even help Huawei retain the sales in the United States market.

And if the company does manage to reverse those trends, it will still be a hard sell for USA consumers after several warnings from the country's defense departments.

Channel NewsAsia reports that Richard Yu, the company's CEO of the consumer business group, said that "even without the United States market, we'll be number one in the world".

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Huawei Technology Ltd., the Chinese maker of smartphones and telecom equipment, said Friday its profit rose 28.1 per cent in 2017, boosted by strong enterprise and consumer sales.

In January, for instance, Huawei was all ready to announce a deal with AT&T that would see the Mate 10 Pro officially offered through the carrier. "We would never compromise that trust". Huawei previous year launched its Kirin 970 chip, the world's first mobile processor with a dedicated Neural processing unit (NPU) for AI. Huawei Enjoy 8, Enjoy 8e, Enjoy 8 Plus follow the March 27 launch of the company's P20 Pro and P20 in Paris. "The security risk concerns are based on groundless suspicions and are quite frankly unfair", Yu wrote, adding that he welcomes frank discussion as long as it's based in facts.

Chinese telecom giant Huawei saw it profits rebound in 2017, helped by strong smartphone sales as it ramps up R&D spending despite suffering setbacks in its U.S. ambitions.

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"We will actively pursue open collaboration, attract and cultivate top talent, and step up efforts in exploratory research". The market, at present, is dominated by both Apple and Samsung, two companies that are heavily advertised in the country. As one of the biggest markets in the world, though, Huawei definitely wants in, and it's clearly not giving up... This makes it impossible for other companies to make it big in the U.S. This is in spite of not being able to do business and sell its products in the USA market. "Over the next 10 years, Huawei will continue to increase investment in technological innovation, investing more than $10 billion back into R&D every year", Ken Hu, Huawei's Rotating Chairman, said in a statement.

Huawei is committed to the USA market.

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