Chinese smartphone makers Huawei, ZTE target top tier
BARCELONA (REUTERS) - China's Huawei, little known to consumers just a couple of years ago, is now leading the pack of smartphone makers chasing Apple and Samsung , with ZTE, another Chinese company, snapping at its heels.
Huawei, which sold 32 million smartphones in 2012, up 60 percent on 2011, unveiled its new flagship Ascend P2 smartphone in Barcelona, boasting a connection speed of 150 MB per second, the fastest on the market.
The company was third in smartphone sales in the final quarter of 2012, according to research firm IDC, with ZTE in fifth place and Sony sandwiched in between. Samsung and Apple, however, were far in front with half the market between them.
Mr Wan Biao, chief executive of Huawei Device Co, said the Ascend P2's faster download speeds would make a difference to customers using 4G networks in countries such as Japan.