Huawei To Go To Regions

21 September 2020

Huawei plans to open 50 stores across Russia in 2021, which may require investment of ca. 350 million rubles. The company, therefore, is moving beyond the traditional supply chain with supplies to a limited number of retailers. This will create a greater regional competition, especially, with Xiaomi, another Chinese brand, which is faster in expanding its network and plans to open more than 70 extra stores.