NAME: JOAN BAROCA BALDE BSCS-III

TITLE: HUAWIE AIMS AT SAMSUNG

AUTHOR: MAEIL BUSINESS NEWSPAPER

DATE: SEPTEMBER 5, 2015

SOURCE: MANILA BULLETIN

SUMMARY:

Huawei is growing at a formidable pace. The Chinese information-telecommunications giant has spent more than 10 percent of revenue on R&D and ramped up its global market share with low and mid-end smartphones. Now it is challenging bigger rivals with new premium products.

COMMENT:

Huawei has its roots in telecom equipment gear where it competes with the likes of Ericsson and Nokia, but it has invested heavily in consumer devices in recent years. And Samsung has experienced that the top of the smartphone market is a hard environment.