Huawei Technologies expects the roll-out of next-generation 5G wireless networks...
SHANGHAI - Huawei Technologies expects the roll-out of next-generation 5G wireless networks to start contributing to the firm’s revenue from next year when China launches services, the company’s deputy chairman said on Wednesday.
Ken Hu said that while the roll-out was accelerating, especially in Asia, the company believed that it would still need to “wait for a while before 5G contributes a sizeable share to revenue”. Huawei’s home market has become more crucial to the company since Washington in May banned U.S. firms trading with it due to national security concerns, hitting the company’s international business.
Hu said that Ren’s suggestion was not complex and that a new player could help alleviate security concerns.
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