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News ID: 38140
Asia » Asia
Publish Date: 15:29 - 20 April 2019
TEHRAN, Apr 20 - Huawei Technologies Co said on Tuesday that it had so far secured 40 commercial 5G network contracts, up from 30 announced in late January, as the Chinese company is gaining more votes of confidence from telecom carriers.

Huawei Says Gaining Ground in Global MarketplaceTEHRAN, Young Journalists Club (YJC) - Hu Houkun, rotating chairman at Huawei, said at a global analyst conference in Shenzhen that the company has shipped more than 70,000 5G base stations, up from 40,000 announced in late February.

"Fifth-generation mobile communication technology is coming much faster than expected," Hu said. "As 5G investment will be more value-driven, reliable and solid, it will generate new growth drivers for us."

A report from market research agency IHS Markit said that in the first year after the telecom standards were frozen, four 5G chipsets were unveiled in the global telecom sector and over 40 5G smartphones are expected to be available, but no 4G chipsets or 4G smartphones had been unveiled within a year of the standards being finalized.

Also globally, more than 100,000 5G base stations are expected to be shipped, compared with just 400 4G base stations during the same time frame, IHS Markit said.

Huawei's latest progress on 5G came after Germany's telecoms regulator told the Financial Times that the country's position is that "no equipment supplier, including Huawei, should, or may, be specifically excluded".

Source: Sputnik


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