23-12-2014 22:04 via uk.news.yahoo.com

Huawei's smartphone sales shoot up after copying Xiaomi's online strategy

By Gerry Shih BEIJING (Reuters) - China's Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc . Given the early signs, Huawei executives hope to emulate the phenomenal growth of Xiaomi, which broke into the global top five in just a few years - a success not likely to go unnoticed by the growing ranks of low-c
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