Huawei's 5G customer base increases, revenue to hit Dollars 100 bln

Ann Santiago
December 21, 2018

Facing suspicion in a number of countries over its alleged ties to the Chinese government, Huawei is fighting back.

Ken Hu said his company will invest two billion dollars over the next five years to upgrade security infrastructure and make it even more effective.

According to Hu, these moves to block market competition will only slow adoption of new technology, increase costs for network deployment, and raise prices for consumers, quoting that if Huawei were allowed to compete in the United States for 5G deployment from 2017 to 2020 it would save the country around $20 billion of capital expenditure in wireless infrastructure.

Britain has been one of Huawei's biggest worldwide markets. It is believed that national security agencies are anxious most about gear in a carrier network's core. In France, the company is working with multiple network operators on 5G construction.

Huawei also talked about how they were upgrading their labs by investing over $2 billion to battle network and cybersecurity risk.

TEPC has argued, "While it is common knowledge that telecom equipment from China poses severe security threat, recent decisive actions by technologically savvy countries have confirmed this".

Another reason, NCISA, is China "actively pursues its interests in the territory of the Czech Republic, including influence and espionage intelligence activities".

"Huawei has never received any such request from any government and we would never agree to it", the spokesman said. Security skeptics, and those who favor free and open trade, will ask to see evidence supporting the claims that Huawei, ZTE or other foreign companies have spied, or might spy, on conversations and data transmissions.

Huawei's efforts come amid increasing global turmoil for the company.

The spokesperson did not provide further details and did not suggest that the detention was linked to the arrest on December 1 of Huawei chief financial officer Meng Wanzhou, the report said. Hu was open to a question about building cyber security evaluation centers in places such as the United States and Australia, pointing to similar centers in the UK, Canada, and Germany that are created to directly identify, address, and mitigate concerns.

The day ends with U.S. President Donald Trump telling Reuters in an interview that he would "certainly intervene" in Meng's case "if I thought it was necessary" to help forge a trade deal with China. This is exemplified in the annual reports of security services for 2017. "Many Western counties require that critical infrastructure used by the government, military, and public safety providers must be built by companies from North Atlantic Treaty Organisation countries", it says in part.

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