Friday, 17 June 2011

China's Huawei targets Europe and America

Huawei, which made its name in telecommunications, is getting ready for a major marketing initiative in Europe and the US. This fast-growing firm (less than 25 years old) already has 110,000 employees. Its expanding portfolio of offerings includes products classified as "cloud" (applications and software for storage), "pipe" (networks), or "devices" (smart phones and other equipment for home and industrial use).

For the past decade, Huawei has been establishing research and development centers outside China to get to know global customers' needs and prepare goods and services for multiple markets.

Now Huawei--not yet a globally-recognised brand--is planning to challenge some of the best-known brands in the business world with advanced smart phones and tablet computers. It has agreements with mobile operators in several European nations and is lining up distributors for retail placements.

To succeed, Huawei will have to convince would-be buyers (and retail partners) that its brand stands for something unique and superior. Price is always a factor, especially in a mature market such as that of smart phones. The tablet market is currently hot; Apple is the dominant brand, and every time it releases a new iPad, customers respond.

Still, innovation can capture attention and grab market share in almost any segment of the mobile and tablet markets. Will Huawei achieve its ambitious growth goals?