-AFP

The Pak Banker - - COMPANIES/BOSS -

phone in our Mate­Book, which gives us a com­pet­i­tive strength," Zhang says. Huawei, founded in Shen­zhen in 1987, has three core busi­ness ar­eas. Its car­rier busi­ness pro­vides telecom­mu­ni­ca­tions ser­vices to oper­a­tors like O2 and Tele­fon­ica, and it pro­vides telecom­mu­ni­ca­tions ser­vices to cor­po­rate clients. Its third busi­ness area is con­sumer prod­ucts.

In re­cent years its con­sumer busi­ness has picked up and has be­come a key fac­tor in help­ing build the firm's brand across in­ter­na­tional mar­kets. Its core prod­ucts in­clude the Huawei smart­phone and Huawei Watch.

Huawei is now the third-big­gest player in the smart­phone mar­ket af­ter Ap­ple and Sam­sung, and shipped 108 mil­lion smart­phones in 2015, which rep­re­sents a 44 per­cent in­crease in sales com­pared to 2014.

Now Huawei is look­ing to make a ma­jor play in the tablet sec­tor. Glob­ally, tablet ship­ments fell 13.7 per­cent year-on-year in the fourth quar­ter of 2015, while ship­ments for de­tach­able tablets reached an all-time high of 8.1 mil­lion devices, more than dou­ble from the same pe­riod in 2014, ac­cord­ing to the re­search firm In­ter­na­tional Data Cor­po­ra­tion.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.