Huawei Technologies, the world’s largest telecommunications equipment supplier, plans to open 15,000 new retail stores around the world this year as it aims for a record-high shipment of smartphones and greater sales of premium-priced models.
“We are optimistic and confident about reaching our target shipment of 140 million smartphones this year,” Richard Yu Chengdong, the chief executive of Huawei’s consumer business group, said on Tuesday in Shenzhen.
That would mark a 30 per cent increase in smartphone shipments from 108 million units last year.
Unfazed by the lingering economic slowdown, Yu indicated the company’s retail store expansion would help its ability to reach more consumers and drive sales of its high-end smartphones priced in the US$500 to US$600 range.
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