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  HOME | Business & Economy (Click here for more)

Huawei Says It Signed 60 Contracts to Set Up 5G Network Worldwide

SHENZHEN, China – Chinese tech company Huawei said on Wednesday it had obtained 60 contracts to set up 5G networks so far, 30 of which are European countries and seven are in Latin America.

In a meeting with media groups including EFE at the company headquarters in Shenzhen, Huawei’s head of Marketing for 5G, Eric Zhao said Huawei was finalizing another 25 contracts with telecom operators from around the world to establish its network.

Some of the contracts include confidentiality clause due to which Huawei cannot make them public yet.

The tech giant announced it had reached agreements with operators from Spain, United Kingdom, Italy and Switzerland in Europe.

It has also agreed to provide its 5G technology to ten Asian countries, including South Korea and the Philippines and others from the Middle East such as Saudi Arabia, the United Arab Emirates and Kuwait.

Zhao said countries including Australia had banned Huawei technology after the company’s inclusion in a United States blacklist amid allegations of posing a security threat.

However, Zhao added that with other countries such as Canada, Huawei was still negotiating a collaboration for the infrastructure of new generation mobile internet.

The marketing head also denied that Japan had officially banned the entry of Huawei in its 5G network.

Zhao said that until May 16 – when the US had announced the company’s inclusion in its blacklist – it had 30 contracts to set up the 5G network worldwide and had since obtained 30 more.

So far, Huawei has installed 400,000 5G base stations globally – 300,000 of which were set up after May 16.

Zhao estimated that by the end of 2020, there would be some 200 million 5G users in China which would also reduce the price of the devices employed to use this technology.

According to Zhao, the devices would then cost approximately $150 to $200.

Vicepresident of Cybersecurity and Privacy of Huawei, Lucia Zhong said the company “does not have any backdoor, not only in 5G network but also in any other product.”

“We do not have any motive because we always prioritize security above economic interest. Implantation of backdoors will be a suicide,” Zhong said.

Zhong also said it is impossible that the Chinese government would demand such actions in the area as no law exists in China that would allow the government to set up backdoors or any other thing.

Zhong further added that “backdoors are not synonymous with deficiencies, which are normal in any sector,” and said that between 2016 and 2017, some 30,000 deficiencies were found in large tech firms of the world, the majority of which were from the US.

 

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