With the advent of the worldwide launch and commercialization of 5G networks, telecommunications providers are seeking a head start. According to Ryan Ding, president of the Huawei carrier business group, Huawei equipment is now behind two-thirds of the commercially launched 5G networks outside of China.
Huawei, the world's largest manufacturer of telecommunications equipment, has won 50 commercial networks 5G concludes contracts outside its home base with countries such as South Korea, Switzerland, the United Kingdom, Finland and others. Overall, the Shenzhen-based company has delivered more than 1
It is worth noting that network operators can work with more than one provider to provide different parts of their 5G base stations. Huawei offers a so-called end-to-end network solution or a complete hardware system. Whether a network operator would like to buy from several providers, however, depends on their requirements and local regulations, said a Huawei spokesman TechCrunch.
In China, both Ericsson and Nokia have entered into 5G contracts with state-owned mobile operator China Mobile (although Nokia's Chinese company, a joint venture with Alcatel-Lucent Shanghai Bell, is directly covered by China's state asset watch and controlled by the Commission).
Despite the US's continued efforts to recruit its allies against the use of its equipment, Huawei's dealings have been considerable. In May, the Trump administration blacklisted Huawei for its concerns over the company's spying capabilities. This effectively prevented US companies from doing business with the Shenzhen-based giant.
Huawei has a share of the US telecommunications market Overall negligible, but many rural carriers have long relied on high-performance, cost-saving hardware. This may soon come to an end as the US presses small-town network operators to stop buying Huawei, Reuters recently reported in India this week.
Huawei is in a duel with rivals Nokia and Ericsson. In early June, Nokia boss Rajeev Suri stated in an interview with Bloomberg that the company had won two-thirds of the bids against Ericcson and had landed with Huawei "quite positively" in the competition with Nokia 5G contracts, Huawei with 40 and Ericsson with 19.
Huawei's challenges go well beyond the carrier business. The fast-growing smartphone unit is also getting hotter as the US ban threatens to cut it off from Alphabet, whose Android operating system is used in Huawei phones, as well as from a number of large-chip vendors. 19659002] Huawei's CEO and founder, Ren Zhengfei noted that trade restrictions could affect the company's production in the short term. Total revenue is expected to be $ 30 billion below estimates over the next two years, and the overseas delivery of smartphones threatens a 40% decline. However, Ren is optimistic that the company's revenues will recover after a temporary adjustment period, while working towards independence through the development of its own operating system, chips and other core technologies.