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Huawei looks to ship 60 million smartphones this year

Huawei, the world’s sixth largest mobile phone vendor, said on Wednesday that it expects to ship more than 100 million mobile phones in 2012, including 60 million smartphones, Reuters reported. The Chinese company sold a total of 55 million handsets, including 20 million smartphones, in 2011 and is now looking to increase its global market share with a focus on key markets. “We plan to target China, the United States, western Europe and Japan as key markets,” said Shao Yang, chief marketing officer of Huawei Device. The executive also said he expects consumer device sales to reach $30 billion in five years, up from $7 billion, becoming as large as its telecommunications equipment business. “This means that by that time, the revenue will be comparable to our telecom equipment business,” Shao said. “We feel the room for growth for devices is much bigger than the telecom carrier sector.”