Huawei is reportedly giving itself more time to overtake Samsung as the world’s biggest phone-seller.
TheChinese company from Apple in the second quarter of 2018 and CEO Richard Yu previously said it aimed to become by the end of 2019.
Its chief strategy officer revised that goal in a Tuesday speech at the Consumer Electronics Show (CES) Asia, according to Reuters.
“We would have become the largest in the fourth quarter (of this year) but now we feel that this process may take longer,” Shao Yang said in Shanghai.
He noted that Huawei is currently selling 500,000 to 600,000 smartphones a day, but the company is most likely tempering expectations for 2019 after President Donald Trump in May signed anfrom US communications networks, due to national security concerns about Huawei’s
The US alsonot to do business with Huawei despite the company’s consistent denials that its products are used for spying. Last week, its chairman said that Huawei is willing to with the US.
Huawei didn’t immediately respond to a request for comment.
First published at 4:48 a.m. PT.
Updated at 5:35 a.m. PT: Adds more detail.