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Huawei expects to double mobile phone sales annually in Canada
THE Canadian unit of Huawei Technology Co expects to double its mobile phone sales annually in the next two years by meeting young consumer demands, a company executive adviser said today.
"Mobile devices will be the fastest-growing sector in the company in the next a few years,” said Mike Hortie, former president of Motorola Canada and now executive adviser to Huawei Canada.
"The business may double this year, and again in 2015.”
Huawei is a Chinese multinational corporation based in Shenzhen.
He said the company will focus on young consumers and hopes to earn a 20 percent market share in the mobile phone sector in the next three or four years.
"The biggest challenge for Huawei is to move from a technology company to a consumer goods one,” he said.
Hortie said he expects 5G technology, now being developed by Huawei, Ericsson, Alcatel, and other communi-cations companies, to be used in the market in the next year and a half, driving demand for new handsets.
The next generation technology is envisioned to be faster and more reliable than the current 4G standard.
Huawei Canada now holds about a 50 percent market share for network construction for Canadian carriers, Hortie said.
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