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Huawei targets 30% jump in 2019 smartphone shipments

Europe and China seen to offset US market setback, company official says

Richard Yu, CEO of Huawei's Consumer Business Group, shows off the company's 5G-capable foldable smartphone at MWC19 Barcelona on Feb. 24.   © Reuters

BARCELONA, Spain -- Huawei Technologies expects to ship between 250 million and 260 million smartphones in 2019, up 20% to 30% from a year ago, an executive of the Chinese maker said on Monday.

European and Chinese markets are driving this optimism, despite U.S.-led moves to restrict use of Huawei's telecommunications equipment, said Richard Yu, CEO of the company's Consumer Business Group.

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