Huawei has
been one of the Smartphone brands with the fastest growth rate in the world.
According to the 2015 Q1 IDC statistics, Huawei is the world’s fourth largest
Smartphone manufacturer. Huawei’s market share in Columbia
and Mexico
now are 16% and 5.9% respectively. Zhang Xiaoyun, the CMO of Huawei Consumer
BG, said that Apple is talented in innovation, but Huawei could be a big player
in Android world.
According to
Strategy Analysis done in Columbia , Huawei has
16% of the Smartphone market, and in Venezuela
the figure is similar, in Mexico
it is 5.9%. These numbers, when put in to context are quite significant, as it
has been only five years since Huawei has been in business.
Huawei is
one of the Chinese manufacturers that has hit the Market leaders, hard. One of
their success strategies has been price strategy. Mr. Fanhong Bruce, Director
Devices, Huawei Pakistan
explained this strategy as,” When we have a strong floor in the countries, then
we put more innovation in our devices.” He further added, “We always try to
attack problems from different angles.”
Another
strategy is that the company has all the production chain, allowing them to
meet demand more quickly. "We were able to rapidly increase our
market share by value chain, which directly impacts our prices" said
the Huawei Director Devices, Fanhong Bruce.
Huawei’s
Executive Glory Zhang has been instrumental in the growth of the brand,
especially in developed markets. He has expressed his views on the Market
growth of Huawei as, "We have taken the transformation of older smart
phones. In developed countries, this segment has great advantages, “Zhang said.
Huawei has
hit the market with Huawei P8 and Huawei Watch. The organization wants to catch
the oriental market with more purchasing power. The P8 has unique features
like camera that achieves 'paint' pictures with light, or how manager that
allows you to connect up to four cellular shots from different angles.
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