Huawei Will Overtake Apple, Samsung In 5 Years: CEO Richard Yu

A turbulent economy and saturated market can make smartphone shipments hard to predict, but apparently not for Huawei chief executive Richard Yu.

Mr. Yu expects Huawei to overtake the world’s biggest smartphone sellers for the number one spot by 2020.

“Our competitors have strong brands, but we have much better products,” Mr. Yu told journalists at this week’s Mobile World Congress in Barcelona.

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