Huawei has set itself the goal of becoming the world’s third biggest storage vendor by 2018, if a company spokesperson’s comments to Reuters are to be believed, battling EMC and IBM in a race to the top.
Speaking to the news agency, Huawei’s storage product line president Fan Ruiqi said: “We don’t want to just be No.1 in China…We want to be at least the top 3 in the world by 2018.”
Fan said that he expects to see Huawei’s data storage revenue to hit $2 billion by 2018.
But Huawei’s storage success in China outweighs its success abroad. Huawei makes up almost a quarter of China’s domestic data storage market, but globally, it has a market share of just 3.3 percent. Compared to IBM’s 11.7 percent, EMC’s 32 percent, and NetApps’s 10.6 percent, there is a lot of catching up to do.
In October, Huawei unveiled plans to sell more solid-state flash drives in Europe, and commenced an official “strategy” to up its flash sales in the region.
The OceanStor Flash Strategy, announced today at Huawei’s European CIO forum in Lisbon, will see flash drives embedded into its storage products sold in Europe, following the strategy’s launch in China back in September. It was also September when Huawei signed a flash deal with flash memory provider Micron.
Huawei asks judge to dismiss many charges in US controversial federal case that dates back…
Japan announces $65bn in subsidies and other incentives to boost production of advanced chips and…
Bankrupt FTX sues former rival Binance for allegedly fraudulent transfer of $1.8bn weeks before crypto…
Amazon reportedly developing smart glasses to provide delivery drivers with step-by-step instructions for last mile…
Australian states and territories unanimously support social media ban for youths under 16, amidst growing…
US Commerce Department orders Taiwan's TSMC to halt sales of advanced AI accelerators to mainland…