Huawei's consumer business became its largest division in 2018, outsourcing its core network business. Huawei released its first Huawei smartphone in 2010. It was an inexpensive phone, and in the first few years the company released cheap devices.
"We set prices based on our costs, which were relatively low. Our costs were low for two reasons: the Western management approaches that we introduced, our operating costs were also low," he said.
"In the result, "he added," we set our prices at a relatively low level, which complicated the competitiveness of Western companies with us. We talked a lot about it. "They raised our prices, and now many people believe that Huawei is expensive," he added.