China-based Huawei has a target to ramp up its smartphone shipments to over 100 million units in 2015, increasing them by a third over the 75 million units shipped a year earlier.
In 2014, sales of Huawei's consumer business unit, which includes mainly sales of handsets and end-market devices, reached 138 million units and generated revenues of 12.2 billion US dollars, up 30% on year.
Mid-range and high-end smartphones accounted for 18% its total handset shipments in 2014.
Joining me on the line now is Doug Young, associate professor at Fudan University and former China company news chief at Reuters.