Huawei has deployed its products and services in more than 170 countries. Huawei overtook Ericsson in 2012 as the largest telecommunications-equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, behind Samsung Electronics. In December 2019, Huawei reported that its annual revenue had risen to US$121.72 billion in 2019.