If not this year, we can achieve that ambition next year

ar,” Yu said. “Our market share is still growing very rapidly.” Ac

cording to him, currently, one of every three smartphones sold in China is from Huawei an

d he hopes that in the near future, two out of every three smartphones sold in China are from Huawei.

The company is also expanding its presence in overseas markets, with it already beco

ming the top smartphone vendor in several European countries, Yu added.

Huawei knocked Apple Inc off its second-place seat in the second quarter of 2018. The two are

in fierce competition. Currently, Samsung Electronics Co is the largest smartphone vendor in the world.

Yu also said that Huawei is open to selling its 5G modems, a key component of smartphones, to

Apple, as the United States tech giant is having difficulty in finding an appropriate supplier.

In 2018, Huawei shipped over 200 million smartphones and it said earlier that

the Shenzhen-based company is likely to ship about 230 to 250 million smartphones this year.

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