Tech

Huawei says it has secured over 25 commercial 5G contracts: China

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Rotating chairman Ken Hu, speaking at a press conference at the company’s headquarters in Shenzhen, also said Huawei expects revenue to exceed $100 billion this year.

Chinese technology giant Huawei Technologies said on December 18 it has secured more than 25 commercial contracts for 5G, the largest in the world, and has shipped more than 10,000 base stations for the fifth generation of mobile communications.

Rotating chairman Ken Hu, speaking at a press conference at the company’s headquarters in Shenzhen, also said Huawei expects revenue to exceed $100 billion this year.

The company reported revenue of $92 billion in 2017.

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