In July 2015, Huawei's Consumer Business Group CEO, Richard Yu explained to CNBC how innovation and development into the firm's products helped spur rapid growth.
Yu confirmed at the time that he was confident the company would fulfill its target of 100 million shipments in 2015, and wasn't afraid of competition from the likes of Apple.
"We are ready for the competition" Yu explained.
"We are a global company and we are looking (at) the global market," adding that the company was confident that it would have more strong global growth in the future, with its innovation and technology capabilities.
—By CNBC's Alexandra Gibbs, follow her @AlexGibbsy and @CNBCi