Facing U.S. Pushback, Huawei Aims to Triple Its Consumer Electronics Business to $150 Billion

Huawei’s fight against Samsung and Apple is about to get even fiercer. The Chinese tech giant wants to more than triple its consumer electronics sales to $150 billion in four years, according to an internal speech last week by its founder.   

As Huawei’s other big business of selling infrastructure for wireless networks world-wide is under attack from the U.S. government, the Chinese tech giant is counting on consumer gadgets, such as handsets, smartwatches and laptops, to fuel its growth. Huawei also is working on developing a new smart TV set, according to employees.