Huawei made a bold prediction on Sunday, saying it plans to surpass Apple (AAPL)as the second-biggest smartphone player in the world in three years and leapfrog Samsung by 2021, a top executive told CNBC on Sunday.
"We hope that in three years our market share can be top two and in five years our market share can be top one," Richard Yu, chief executive of Huawei's consumer business group, told CNBC in a TV interview at Mobile World Congress in Barcelona.
"We have strong growth...continually in the last five years. So last year we ship out more than 100 million smartphones, definitely this year we will still have strong growth. So I believe our growth will be more than 30 percent (this year)," Yu said.
"Virtual reality changes people's lives. We already invest in that. We will launch our products in this year," Yu told CNBC.
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