Huawei chairman Liang Hua claims that the company has already obtained 26 commercial 5G contracts and signed cooperation agreements with more than 50 partners globally
Chinese tech giant Huawei on Tuesday said that the arrest of its Chief Financial Officer Meng Wanzhou has not affected the company’s operation.
Huawei chairman Liang Hua said in a media interview the company’s financial system and business operations have remained “normal” and would continue to push on with 5G development despite more bans against the company.
It may be noted here that a number of countries have banned Huawei’s equipment and services citing national security concerns.
Liang said, “In the face of a crisis of confidence from the West, first we must do our own work well, and continue to build Huawei’s competitiveness in the field of 5G.”
He is also expecting early return of his colleague Meng, who was arrested in Canada on December 1 at the behest of the United States. Meng has been released on bail and awaits court decisions on whether she will be extradited to the U.S. to face fraud charges.
Huawei to launch its first 5G smartphone model in 2019
Liang also announced that Huawei will launch its first 5G smartphone model in the first half of 2019. According to him, the company has already obtained 26 commercial 5G contracts and signed cooperation agreements with more than 50 partners globally.
Speaking to media persons, he has also claimed that the company is doing well in Germany and has been involved in 5G development and testing with French and Japanese telecom operators.
Huawei announced on Tuesday that it had shipped more than 200 million smartphones this year, a record high for the company.