On December 13, it was reported that Huawei had made great progress in the past five years. In 2015, the company shipped more than 104 million smartphones, with a market share of 5.5%, ranking third in the world. In 2016, Huawei announced an ambitious goal of becoming the smartphone manufacturer with the largest market share by 2021. According to the latest report of the market research organization Strategy Analytics, Huawei may achieve this goal.

Analysts from Strategic Analytics recently estimated that Huawei will rank second in the world with 251 million smartphones sold this year. By the end of this year, its market share will reach 17.7%, which is only 3.6 percentage points lower than Samsung's market share. Samsung's market share is estimated to be 21.3%, and its sales volume is estimated to be 323 million.

Last year, Huawei's market share was 14.4%, while Samsung's was 20.3%. The latter was 5.6 percentage points ahead of Huawei, although Samsung's annual mobile phone sales are still growing. But Huawei is one step closer to surpassing Samsung.

Apple still ranks third, and is expected to deliver 193 million mobile phones with a 13.6% market share by the end of the year. Meanwhile, it was reported earlier this week that Apple dominated the field of wearable devices.

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