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How has Huawei achieved such growth?

Huawei, the Chinese technology company, has manag to become a global leader in just a few years, occupying third place among the companies that currently sell the most mobile phones, and in the latest ranking, it has threaten the second position currently held by the all-powerful multinational from Cupertino, Apple .

The pillars on which this Chinese company’s spectacular growth in recent years has been bas have focus on:

– Massive investment in R&D : One of the aspects Huawei has been most concern about is investing large amounts of money in research and development.

Being in a sector Huawei tops  where new applications

 

and terminals allow it to stand out above its competitors, this company has firmly believ that  basic defense capabilities of cdn its innovations in software and hardware could make it more compe ts immiate competitors, and from what we’ve seen lately, it seems it hasn’t been wrong.

– Patents : Patents are another of the most decisive intangible assets to try to stand out in this prominent sector where competition is fierce, therefore, Huawei, like App d to patent all its developments and innovations in technological matters, in order to avoid, as far as possible, the dread copies that can jeopardize the viability of companies, their profit figures, and therefore, their profitability.

Huawei tops the technology rankings

 

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How has Huawei

– Excellent value for money : Another principle the company has follow is to launch several ranges of smartphones, as most competitors do, to target different target ofits. For several years, they have been offering high-quality phones at prices under €100, with average quality,  clean email capturing a significant market share among those looking for phones with an excellent value for money. However, recently, they have focus on a mium-to-high-income target audience, with more evan williams has a new growth gem in his hands with his medium.  exclusive, high-end smartphones with more exclusive features.

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