Huawei Technologies Co. announced plans to double its smartphone sales in Nigeria by the end of the year, the company reported earlier this week.
Nigeria has an approximate population of 160 million people, it has the largest mobile phone market in Africa and recorded about 117 million mobile subscribers in June.
Huawei plans to sell 200,000 smartphones by January or double its sales for last year. If this target is met, the company is poised to become one of the three leading smartphone suppliers in Nigeria by 2018. Huawei’s biggest competitors on the Nigerian smartphone market are Samsung, Blackberry and the Taiwanese HTC Corp.
Huawei, a Chinese Private Multinational company stepped into the African market in 1998 boasted a sale of over $2 billion by 2006 with presence in 40 countries across the continent. Huawei is popular in Nigeria as a service provider to mobile telephone operators. This has largely helped the Chinese firm to position itself on the market.