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China's Huawei boasts it sold 20M smartphones in 2011, up 5x from 2010. This figure speaks to...
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Tuesday, February 14, 2012, 12:59 PM ETChina's Huawei boasts it sold 20M smartphones in 2011, up 5x from 2010. This figure speaks to the threat posed by Huawei and ZTE (ZTCOY.PK) in the low-end smartphone space, courtesy of cheap Android phones (I, II). Between Apple and Samsung's control of the high-end, and Huawei and ZTE's growing presence on the low-end, the likes of Nokia, HTC, and Motorola Mobility could find themselves in a tough spot.
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