Huawei Technologies (002502.SHE) will focus on gradual growth and not on acquisitions to chase Samsung Electronics (BC94.LON, 005935.KRX) and Apple (AAPL.NASDAQ) for smartphone market share, South China Morning Post reported, citing deputy chairman Eric Xu. Huawei isn’t planning an acquisition to bolster its position because of potential product overlaps, Xu said. The comments would damp speculation over a link-up by the Chinese company with takeover targets such as France’s Alcatel- Lucent and BlackBerry of Canada. “Ultimately we want to be the leading brand worldwide in smartphones, but it will take a while to get there,” added Xu.