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Despite being blackballed from the American market as U.S. regulators explore legal and possibly criminal action against the company, Huawei has been growing its share of the smartphone market and has an ambitious goal for the end of the year.

Expand chart
Data: IDC; Chart: Andrew Witherspoon/Axios

“Even without the U.S. market we will be number one in the world,” Richard Yu, Huawei’s consumer division chief, said at a new-product news conference in Beijing this week. “I believe at the earliest this year, and next year at the latest.”

Between the lines: With CFO Meng Wanzhou set to appear in court on Feb. 6 and likely to stand trial this year, Huawei could become the first telecommunications company to have the world's top-selling smartphone while its CFO is in jail.

Go deeper: Huawei arrest marks escalation in U.S-China fight over 5G

Go deeper

Ina Fried, author of Login
3 mins ago - Technology

Epic's long game against Apple

Illustration: Sarah Grillo/Axios

Epic's Apple lawsuit is costing the company dearly, but the game developer has its eye on a valuable long-term goal: prying tomorrow's virtual worlds loose from the grip of app store proprietors like Apple.

Between the lines: Epic isn't spending a fortune in legal fees and foregoing a ton of revenue just to shave some costs off in-app purchases on today's phones. Rather, it's planning for a future of creating virtual universes via augmented and virtual reality — without having to send a big chunk of their economies to Apple or Google.

Updated 8 mins ago - Health

The race to avoid a possible "monster" COVID variant

Illustration: Rae Cook/Axios

Slow global COVID-19 vaccination rates are raising concerns that worse variants of the coronavirus could be percolating, ready to rip into the world before herd immunity can diminish their impact.

Why it matters: The U.S. aims to at least partially vaccinate 70% of adults by July 4, a move expected to accelerate the current drop of new infections here. But variants are the wild card, and in a global pandemic where only about 8% of all people have received one dose, the virus will continue mutating unabated.

Caitlin Owens, author of Vitals
33 mins ago - Health

Democrats are still looking for a plan on drug prices

Illustration: Rae Cook/Axios

Democrats have no workable plan to tackle the cost of prescription drugs, even with full control of Washington and after campaigning on the issue for years.

The picture: Voters still care about the cost of drugs, but Democrats don't have a feasible legislative strategy yet — or an agreed-upon policy to fit into a legislative strategy.