Huawei’s crucial role in advancing 5G technology
Huawei’s revenues of 2018 are expected to exceed $ 100 billion. This is due to hundreds of network operators, nearly half of the world’s Fortune 500 companies and hundreds of millions of consumers trusting in Huawei’s technology, the Chinese telecom giant said.
Huawei has managed to secure 25 commercial contracts, ranking No.1 among all ICT equipment providers, having already shipped more than 10,000 base stations to markets around the world.
Huawei said it believes in transparency and in empowering its customers, which is why the company recently invited a Saudi delegation to visit its headquarters. The delegation toured a number of key Huawei facilities, including Huawei’s campus and university, which offer education to trainees from all over the world, Huawei’s manufacturing lines and logistics center, in addition to a number of labs, R&D and cybersecurity centers.
“A lot of countries have been supportive of Huawei and believe in their technologies such as the Czech Republic who reversed the ban on Huawei. The Czech National Security Council reversed the decision in saying that the ‘security threat’ warning had no tech basis. The council said that the Czech Republic welcomes all kinds of foreign investment,” Huawei said in a press release.
The company said that many European operators see Huawei as their strategic partner that will play a crucial role in advancing the next generation of wireless technology. “Huawei is still gaining foreign carriers’ support on 5G. Many European telecom providers are proceeding with 5G implementation with Huawei. The UK mobile operator O2 con-