See More on Facebook

Business

Huawei’s operations expand global reach

Vote of faith won in India, as business remains on track in Germany, France.


Written by

Updated: December 21, 2018

Even though it faces security allegations in several developed markets, Chinese technology major Huawei said on Wednesday that its global operations remain stable, with businesses in Germany running normally and its involvement in 5G construction by French telecom operators remaining active.

The comment came shortly after Huawei won a vote of faith in India, which had invited the Shenzhen-based company to conduct local 5G trials.

Analysts said the Indian government invitation and foreign companies’ willingness to use Huawei’s products highlight the trustworthiness of the company and provide a testament to Huawei’s technological prowess.

In an internal statement to employees on Wednesday, Huawei said that in addition to business in Germany and France, the company is also replying to Japanese operators’ 5G bid and actively participating in local 5G trials.

Though the New Zealand government has not approved a 5G proposal submitted by a local operator that is a Huawei partner, the regulatory process has not finished and local customers said they will continue to communicate with the government and hope that their cooperation with Huawei will remain unchanged, Huawei added.

Foreign Ministry spokeswoman Hua Chunying said on Wednesday that Huawei’s products and services are widely recognized.

No factual evidence has been given to support security allegations against Huawei, and some countries are politicizing normal technological cooperation, Hua added.

The company said it has already secured 25 commercial contracts for 5G and shipped more than 10,000 base stations for the superfast technology. It also has inked deals with more than 50 partners from around the world, demonstrating the confidence its clients have in the company.

The comments came after some foreign governments voiced security concerns over products made by the world’s largest maker of telecom equipment and the world’s second-largest smartphone vendor.

In the third quarter of 2018, Huawei had a 28 percent share of the global telecom equipment market and accounted for 14.6 percent of worldwide smartphone shipments, according to market research companies Dell’Oro Group and International Data Corp.

Wang Yanhui, secretary-general of the Mobile China Alliance, said Huawei is a global pioneer in research and development for 5G telecom equipment.

India wants to have a fast rollout of next-generation technology, so it called Huawei, Wang said. “Participating in 5G trials is an important step to build up trust.”

Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation, said it is unreasonable for foreign countries to doubt the safety of Huawei’s products just because it is a Chinese company.

Xiang Ligang, founder of the telecom website cctime, said Huawei has established an image as a reliable technology provider in the past three decades. With countries around the world expected to deploy large-scale 5G networks in a year or two, there will be a huge demand for telecom equipment.

Research agency IHS Markit forecast that the global market for 5G telecom equipment will hit $11 billion by 2022.

“Huawei’s cost-effective products and its ability to quickly respond to clients are the keys to keeping prices affordable and to ensuring a timely deployment of 5G around the world,” Xiang said.



Enjoyed this story? Share it.


China Daily
About the Author: China Daily covers domestic and world news through nine print editions and digital media worldwide.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

Business

China vows action as US moves to blacklist Huawei

Hopes of a trade deal recede as experts fear American companies could face a backlash. China has slammed the United States for putting technology giant Huawei on an export blacklist and said it will take “all necessary measures” to protect the legal rights of Chinese firms. The latest twist in the face-off between the US and China not only suggests that hopes of a trade deal are fast evaporating, but it could also delay the roll-out of 5G networks worldwide. US technology firms could also face a backlash, experts said. China’s Ministry of Commerce said yesterday that it resolutely opposed any coun


By The Straits Times
May 17, 2019

Business

Jobless rate hits 19-year high in Korea

Rate rises on back of youth unemployment. South Korea’s job market prolonged its downswing in April, with unemployment reaching its highest point in 19 years, government data showed Wednesday. The increasing pace of job creation also slowed further, especially in the retail and manufacturing sectors and among the economically active 30-40 age group. According to job figures released by Statistics Korea, the total number of jobless people surpassed 1.24 million as of April for the first time since the government started compiling the data in June 1999. The jobless rate stood at 4.4 percent, up 0.3 percentage point from a year earlier and marking the highest for any April since 2000, when Asia’s fourth-largest economy was reeling under the aftermaths of the Asian Financial Crisis. The jobless rate for young adults — those aged between 15 and 29 — also rose to a record-high 11


By The Korea Herald
May 16, 2019

Business

Nepal’s tea estate employees say enough is enough, begin indefinite strike

A special report by Tsering D Gurung looks at conditions for tea workers in Nepal. The Budhakaran Tea Estate, a sprawling property located in the town of Bhadrapur in Jhapa, would usually be teeming with activity this time of the year. Today, it is eerily quiet. Tea leaves meant to have been plucked with the onset of Spring have turned yellow. The gate to the processing factory has been locked for over a month. The only individuals working on the estate, which employs nearly 150 people, are two men guarding the owner’s home. Since April 1, tea plantation workers across eastern Nepal have gone on strike, shutting down estates to demand their employers implement the minimum daily wage and provide other benefits including social security and medical insurance guaranteed under the 2017 Labour Act. Although the law came into effect last July, almost all the workers say they have not s


By The Kathmandu Post
May 14, 2019

Business

BTS boosts K-Pop related businesses

Buoyed by BTS, trade surplus of music-related sectors recovers to pre-2016 level. South Korea’s balance of payments surplus for industries linked to K-pop businesses has recovered to levels seen before China’s 2016 ban on domestic cultural contents over soured diplomatic relations, tracking data showed Sunday. According to the Bank of Korea Economic Statistics System, Korea recorded a BOP surplus of $114.7 million for music, video and related services in the first quarter of this year — highest surplus for the category since $132.4 million recorded in the third quarter of 2016. BOP represents the difference between all the money a country earns from exports and expenditure on imports during a given period — with a surplus indicating exports exceed imports.


By The Korea Herald
May 13, 2019

Business

Japan automakers take profit hit

Analysts blame the hit on global R&D competition. The massive expenses automakers must pour into research and development to survive fierce competition in the industry are putting the squeeze on their profits — but they may need to spend even more on developing new technologies in the years ahead. On Wednesday, Toyota Motor Corp. and Honda Motor Co. announced their financial results for the fiscal year that ended in March. Their figures clearly demonstrated that the burden of developing autonomous driving technologies and electric vehicles is weighing heavily on automakers’ bottom line. This comes amid a flurry of new entrants to the auto market, including some from other industries such as U.S. information technology giants Google and Apple, and the reality that companies will be unlikely to survive unless they constantly churn out new technologies.


By The Japan News
May 10, 2019

Business

China ‘sincere’ on trade talks

Talks are set to continue in Washington on Friday. Chinese Vice-Premier Liu He said on Thursday that he came to Washington with sincerity to engage in “rational and candid” exchanges with the US to resolve some of their disparities. Liu, also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-US comprehensive economic dialogue, said that raising tariffs is harmful to China, to the US, and to the whole world. “The Chinese side believes raising tariffs is not a solution to the problems,” he told the media upon his arrival on Thursday afternoon. Liu was here to attend the 11th round of China-US high-level economic and trade consultations, scheduled to end on Friday. The negotiations, following the talks in Beijing a week ago, came four days after US President Donald Trump’s tweeted threat on Sund


By China Daily
May 10, 2019