Business
Huawei Remains Bullish on Prospects in the Philippines, Committed to Innovation with 5G Technology
Huawei continues to be at the forefront of innovations as the global leader in 5G technology—developing its own 5G technology as early as 2009 and having signed 50 5G contracts globally. Huawei also ranks first in terms of technological contribution to 5G standards.
In the Philippines, the company has made 5G within reach of Filipinos, with major telecommunications company Globe being powered by Huawei’s 5G CPE system.
“5G technology is a breakthrough for Huawei and the industry. We are more than proud to help make this available to the Philippine market,” stated George Li, Country Manager, Huawei Consumer Business Group Philippines, during the launch of the company’s latest entry-level offering, the Huawei Y9 Prime 2019. “Huawei has heavily invested in research and development. Globally, we have invested more than USD 75 billion on R&D in the last 10 years.”
Huawei has recently overtaken Apple as the world’s second largest brand in global smartphone sales, following results from the first quarter of 2019. The company has been steadily growing year-on-year, crossing the 100 million mark in smartphone shipments by the end of May 2019, its fastest pace recorded to date.
Sales for the Huawei P30 series achieved a record-breaking 10 million units in 85 days, while the Huawei Watch GT has recorded sales of two million, both achieved during Q2 2019. Li is optimistic that the same success would be reached by the Y9 Prime 2019 among Filipino consumers.
Apart from its latest smartphone offering, Huawei has also opened two premium concept stores at The Podium, as well as a premium service store at the Venice Grand Canal Mall.
“Our consumers are at the center of everything we do. We listen to them and make sure that the products we release in the market address their needs and improve their lives,” Li remarked.