Categories: Data StorageStorage

Huawei Wants To Be Top Three Global Storage Vendor By 2018

Huawei has set itself the goal of becoming the world’s third biggest storage vendor by 2018, if a company spokesperson’s comments to Reuters are to be believed, battling EMC and IBM in a race to the top.

Speaking to the news agency, Huawei’s storage product line president Fan Ruiqi said: “We don’t want to just be No.1 in China…We want to be at least the top 3 in the world by 2018.”

Top 3

The Shenzen-based, $47bn giant was the fastest growing storage vendor year-over-year in the second quarter of 2015, according to Gartner. The growth, standing at 58 percent, stood in contrast to the declining growth of Huawei’s US rivals such as HP, NetApp, Oracle.

Fan said that he expects to see Huawei’s data storage revenue to hit $2 billion by 2018.

But Huawei’s storage success in China outweighs its success abroad. Huawei makes up almost a quarter of China’s domestic data storage market, but globally, it has a market share of just 3.3 percent. Compared to IBM’s 11.7 percent, EMC’s 32 percent, and NetApps’s 10.6 percent, there is a lot of catching up to do.

In October, Huawei unveiled plans to sell more solid-state flash drives in Europe, and commenced an official “strategy” to up its flash sales in the region.

The OceanStor Flash Strategy, announced today at Huawei’s European CIO forum in Lisbon, will see flash drives embedded into its storage products sold in Europe, following the strategy’s launch in China back in September. It was also September when Huawei signed a flash deal with flash memory provider Micron.

Take our data centre quiz here!

Ben Sullivan

Ben covers web and technology giants such as Google, Amazon, and Microsoft and their impact on the cloud computing industry, whilst also writing about data centre players and their increasing importance in Europe. He also covers future technologies such as drones, aerospace, science, and the effect of technology on the environment.

Recent Posts

Apple iPhone Q1 Sales In China Fall 19 Percent, Says Counterpoint

Bad news for Tim Cook, as Counterpoint records 19 percent fall in iPhone sales in…

6 mins ago

President Biden Signs TikTok Ban Or Divest Bill Into Law

TikTok pledges to challenge 'unconstitutional' US ban in the courts, after President Joe Biden signs…

2 hours ago

UK CMA Seeks Feedback On Microsoft, Amazon AI Partnerships

British regulator invites feedback on major partnerships Microsoft and Amazon have struck with smaller AI…

18 hours ago

Google Fires More Staff Over Israel Protest

Another 20 staff have been fired by Google over Israel protest and their “completely unacceptable…

19 hours ago

Australian PM Hits Out At Elon Musk Over Knife Attack Video

Censorship row brewing down under, after the Australian Prime Minister calls Elon Musk an 'arrogant…

20 hours ago

US SEC Seeks $5.3 Billion Fine From Terra’s Do Kwon

Financial regulator asks New York judge to impose $5.3 billion in fines against Terraform Labs…

21 hours ago