CEO believes that Huawei will take over Samsung in 2020

In 2016, Huawei set a goal to take over Apple in 2019, and Samsung in 2021. The company managed to reach its own target by becoming number two last August and pushing Apple to third place. The Chinese tech giant closed 2018 by breaking all records and selling more than 200 million smartphones. No wonder that Huawei is now striving for the number one spot, CEO Richard Yu said publicly in 2018.

In a recent interview, Yu said he believes Huawei will reach the dominance of smartphones in 2020. Yet the main competitors remain "Samsung and Apple because they can deliver innovation," he added.

There are still many customers looking for affordable smartphones with very good functions. The P30 we introduced is for the mass market, the Mate X only for a few top customers – Richard Yu

We will most likely replicate the 2018 recipe with its P30 setup, the upcoming Mate 30 series and the other mid and low telephones. This year, the Mate X is likely to be the start of a new era for Huawei, as the company strives to fold as many phones as possible in the near future.

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