Huawei has been growing extremely fast for the last couple of years, not only in China, but on a global scale as well, and the company is expected to register over 100 percent growth (YoY) in India by the end of this year. We're talking about Huawei's mobile devices business here, of course, and this info actually comes from one of the company's officials, Peter Zhai. Mr. Zhai is one of Huawei India's executives, and he literally said that the company 'expects to achieve over 100 percent growth in consumers business this year', by referring to Huawei India.
Mr. Zhai also added that it is Huawei's goal to close this year with a 10 percent market share in India, and that he also expects the company's market share to rise gradually after that. Huawei's exec also did not fail to mention that Huawei managed to become the second largest smartphone manufacturer earlier this year, which is quite a success for this China-based company. Mr. Zhai added that Huawei's first priority in India is making its business valuable for consumers, healthy for the company and sustainable for business partners. Mr. Zhai actually released all this info after Honor, Huawei's sub-brand, announced several new devices during its event in India yesterday. Huawei introduced the Honor 9i smartphone, which is essentially a rebranded Huawei Maimang 6, and in addition to that, Honor also announced the Honor MediaPad T3 and MediaPad T3 10 tablets for the Indian smartphone market.
Huawei has been the number one smartphone manufacturer in China, its homeland, for quite some time now, and it leading the pack with quite a marking. OPPO, Vivo and Xiaomi are trying to close the gap, and Xiaomi is actually doing really well this year, so it will be interesting to see where will things stand at the end of this year. It will also be interesting to see whether Huawei will be able to keep its second place on a global scale as the iPhone 8 and iPhone 8 Plus are here now, and the iPhone X is coming soon, so that will certainly reflect positively on Apple's sales on a global scale, and also the company's market share.