Wednesday, August 3, 2011

Huawei Technologies world's No. 2 network equipment maker

Huawei Technologies Co Ltd's Chief Marketing Officer, Xu Xinquan, explains the new cloud-based smartphone called 'Vision' during an official launch ceremony in Beijing August 3, 2011. The Chinese company, the world's No. 2 network equipment maker, unveiled their cloud-computing mobile phones on Wednesday in an attempt to replicate its telecom gear success in the smartphone market. The company, known for its low costs, is betting its cloud-computing smartphones will help the firm grab market share from the likes of Apple Inc and Samsung Electronics, analysts say.

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