Embattled Huawei still expects to be No. 1 by next year

Hong Kong (CNN Business)Western governments may be piling the pressure on Huawei but that’s not holding back its fast-growing smartphone business.

A senior executive at the Chinese tech company said Thursday that Huawei expects to displace Samsung (SSNLF) as the world’s top smartphone seller by the end of 2020. It took second place from Apple (AAPL) in the middle of last year.
“This year at the soonest, next year at the latest, we will become number one,” Richard Yu, CEO of Huawei’s consumer business, told reporters in Beijing.

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