China’s Huawei Seeks U.S. Foothold In Smartphone Race
China’s Huawei Technologies believes it can take advantage of recent changes in how operators in the United States sell phones to get a foothold in the all-important market, an executive with its consumer division said on Sunday. Huawei, best known as a maker of telecom network gear, became the world’s third-biggest smartphone manufacturer last year, through the sale of mid-priced handsets within its fast-growing domestic market and an increasing appeal to price-conscious consumers in western Europe. But the group, which lags market leader Samsung and Apple, has yet to gain a foothold in the high-end segment of developed markets such as the United States, where it is viewed with suspicion after lawmakers flagged Chinese telecommunications equipment as potential security risks. It has also suffered from its difficult-to-pronounce brand name, its executives have acknowledged.
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