Huawei sets target of $100 billion global revenue in next 5 years

Huawei sets as higher goals in compliance with its Gigantic Growth Pattern as 100 billion US dollars in next 5 years.

The world’s largest telecom equipment maker, Huawei Technologies Co Ltd, is looking forward to grow its annual sales of consumer electronics to $100 billion globally within five years.

Recently Huawei has revealed a gigantic growth target based on the ambitious expectation but, in fact, equally on the growth patterns of the past. According to the officials, Huawei has all set with its pursuit for the US $100 billion global revenue generation with the upcoming 5 years.

To make it happen, Huawei is looking towards its smartphones business that has tremendously swayed over the international markets over the past few years.

To contribute into global revenue, Huawei Pakistan is also setting its target of up to 2 billion US dollars from Pakistani smartphone market. Here is what Mr. Shawn, Huawei’s Managing Director for devices section in Pakistan said

We have been witnessing extraordinary growth patterns and so far we have achieved apparently unimaginable targets. Especially our consumer market in Pakistan responded strongly positive and in compliance with that we are all set to achieve the ambitious target of globally US $100 billion revenue generation.

In Pakistani market we are anticipating to achieve the range of 1 to 2 billion US dollars within next 2 to 3 years that in turn will surely consolidate our global revenue generation targets.

Mr. Shawn also said that Huawei has been preparing to invade the smart phones market with best of technologically innovations and manufacture its products strictly in line with users’ demands and expectations.

Huawei has extraordinarily performed in the last year, 2015, and even for this year Huawei also gestured for the launch of high technology smart phones. Especially after the global launch of Huawei Mate 8, Huawei brand lovers in Pakistan anxiously looking forward for the availability of this high end flagship device in market.

As per the Huawei’s official statement the major policy trend of the technology giant will be the high end smart devices, though other products of low end category also be revolutionized with advancements and innovative features, respectively.