China's Huawei Technologies Co Ltd on Thursday said it could become the world's biggest-selling smartphone vendor this year even without the United States market and as global scrutiny of the firm intensifies.
Some carriers kept Chinese suppliers out of the core - the gateway that connects other parts of the network - even before the latest global crackdown on Huawei, because it's seen as critical by security officials.
Mr Yu said the allegations against the company have had little influence on its business because Huawei's products and reputation speak for themselves. Huawei has denied wrongdoing.
"Our customers have trust and confidence in us", Huawei consumer division chief Richard Yu said at a news conference in Beijing.
The maker of telecommunications equipment, spanning aerials to handsets, reported a 50 percent jump in consumer business revenue past year to in excess of $52 billion.
Huawei has said it will be "releasing" 5G smartphones at the upcoming Mobile World Congress (MWC) in Barcelona next month, based on its new Balong 5000 chipset.
Last month, Huawei said its total revenue increased to 109 billion US dollars with 21 percent year-on-year growth, surpassing 100 billion USA dollars for the first time.
"Even without the USA market we will be number one in the world", Yu said, referring to Huawei's smartphone division, which shipped 208 million handsets a year ago. Growth in stark contrast to growth is in stark contrast to the market in which Huawei is found, given that the total number of smartphones sold worldwide has fallen by 3%. Dubbed the Balong 5000, Mr Yu has claimed it's the world's most powerful 5G modem.
Vodafone, the world's second largest mobile operator, said it was "pausing" the deployment of Huawei equipment in its core networks until Western governments resolve concerns about the Chinese company's activities.
A render of Huawei's foldable phone. This now 5G base station is smaller and also more integrated.
"Huawei approaches the telecoms industry in a systematic way, meaning it develops all areas within the ICT environment, from silicon chips, to devices, to network infrastructure, to cloud", said Mr Tarun Pathak, associate director at market research firm Counterpoint Technology.