Despite US sanctions, Huawei is world's 5G leader

Huawei Technologies has secured 50 5G commercial contracts globally — two thirds of the world's total — the company said on Tuesday.

Huawei’s 5G contract numbers will continue growing as China, the world’s biggest mobile market, just granted 5G licenses to mobile carriers.

Huawei has 50 overseas 5G contracts with 150,000 device units shipped, compared with 40,000 in February, said Ryan Ding, Huawei’s president of its Carrier Business Unit.

Huawei is the world’s biggest telecommunications equipment marker, followed by Ericsson, Nokia and ZTE.

Despite US sanctions, Huawei is in a strong position, Ding said.

“We can not only keep operating for the next 12 months, we can survive and keep growing in sustainable way,” he said.

Huawei is testing 5G nationwide, offering technologies for various industrial applications — from high definition broadcasting to police drones and smart health care systems.