Huawei obtains 46 commercial 5G contracts

Chinese telecom giant Huawei said it has obtained 46 commercial 5G contracts so far in 30 countries and shipped more than one lakh 5G stations globally, emerging as a top player in the race for setting up the super-fast telecommunications system despite the U.S ban on use of its 5G services.

The Shenzhen-headquartered firm, which is under immense pressure after the U.S issued the ban warning that Huawei systems could be manipulated by Beijing to spy on other countries and disrupt critical communications, made the announcement on Thursday in a press statement.

China's Ministry of Industry and Information Technology on Thursday granted commercial-use 5G licenses to four state-owned telecom giants to start rolling out 5G services, signalling Beijing's determination to be the global leader in setting up superfast wireless networks.

It issued licences to China Broadcasting Network and the country's top three telecom operators -- China Telecom, China Mobile and China Unicom.

The company said it was well prepared for China's 5G commercial use. In February last year, it made the world's first 5G call and launched the first 5G terminal device.

Huawei is caught in the intensifying trade war between China and the U.S after President Donald Trump imposed tariffs on USD 200 billion on Chinese goods, prompting Beijing to hike duties on USD 60 billion in American products.

The dispute has snowballed into a tech war with the U.S urging nations to shun the company in 5G networks.

The concerns have escalated as Huawei has risen to become the world leader in telecom networking equipment and one of the top smartphone manufacturers alongside Samsung and Apple.

(Agencies)