- February 26, 2021
ACC Distribution strengthens its position in the technology market – will represent HUAWEI in the Baltics
Since February this year, ACC Distribution has become the distributor of Huawei technologies in the Baltic States. The agreement with one of the world’s largest smartphone manufacturing giants will allow ACC Distribution to increase its market share and generate an annual turnover of EUR 10 million. The company’s strong competencies in electronics distribution and value creation will help strengthen Huawei’s position and expand its range of electronics devices in the region.
Today, the synergy of science and technology allows us to make our lives easier and to create and innovate for the future. “Huawei is the world’s leading manufacturer of information and communication technology (ICT) infrastructure and smart devices. Currently accounting for 8% of the global smartphone market, the company creates integrated solutions in four key areas – telecom networks, IT, smart devices, and cloud services – inviting every person, family, and organization into the digital world to connect them.
According to Žymantas Baušis, Director of ACC Distribution, ACC Distribution has strong competencies in the distribution of electronic devices and value creation. It is committed to continuously renewing and deploying technologically advanced smart devices and IT solutions in the Baltic States. “This partnership will allow Huawei to strengthen its brand in laptop computers, monitors, wireless headphones, smartwatches and other categories. With a market share of over 40% of the Lithuanian laptop computer market in units (according to BRC data) and being a strong and experienced player in this category, we have become a strategic partner of Huawei. From now on, we will be able to offer a full range of devices from this manufacturer to both business and private customers, which are expected to generate an annual turnover of EUR 10 million per year in the coming years. In addition, this partnership will allow us to strengthen our position in the smartphone market”, said Žymantas Baušys.