In 2018 Huawei’s revenue is expected to exceed US$100 billion. This is due to hundreds of network operators, nearly half of the world's Fortune 500 companies, and hundreds of millions of consumers trusting in Huawei’s technology.
Huawei has managed to secure 25 commercial contracts, ranking number one among all ICT equipment providers, having already shipped more than 10,000 base stations to markets around the world, establishing it the market leader with the best equipment and will remain so for at least the next 12 to 18 months, as it provides faster and more cost-effective upgrades to 5G.
Huawei believes in transparency and believes in empowering its customers, that why Huawei has invited the Saudi delegation to visit its headquarters The Saudi delegation have toured a number of key Huawei facilities, including Huawei campus, Huawei University, which offers education to trainees from all over the world, and a visit to Huawei’s manufacturing lines and logistics center, in addition to a number of labs, R&D and cybersecurity centers. The delegation was also invited to visit Huawei’s production lines and logistics center.
A lot of countries have been supportive of Huawei and believe in their technologies such as the Czech Republic who reversed the ban on Huawei. The Czech National Security Council reversed the decision in saying that the “security threat” warning had no tech basis. The council said that the Czech Republic welcomes all kinds of foreign investment. Many European operators see Huawei as their strategic partner that will play crucial roles in advancing the next generation of wireless technology. Huawei is still gaining foreign carriers’ support on 5G. Many European telecom providers are proceeding with 5G implementation with Huawei. The UK mobile operator O2 confirmed that it will continue to deploy Huawei 5G gear in the UK. Huawei has also recently partnered with market-leading Telecommunications Operator Altice Portugal committing to the development and implementation of 5G services in Portugal. Vodafone Italia and Huawei also recently announced the completion of a technique to improve the range of high frequency spectrum as part of their pre-standard 5G trials in Milan.
Orange CEO Stéphane Richard was very clear in his feedback about Huawei in face of the current situation. He said: “Huawei has the best technology in the world. They have the strongest capability and methods for R&D in the industry. So, the quality of their products is undoubted”.
In Japan, Huawei is cooperating with the Japanese government and bolstering purchases of parts in Japan to ease concerns that its products could be used in espionage or cyber-attacks by Beijing. Japan is an important market for Huawei in terms of procuring core parts. The company spent an estimated 670 billion yen ($6.06 billion), up 40 percent from a year earlier, for parts bought in the Japanese market in 2018.The company has already opened a new research and development center in Osaka Prefecture to strengthen its ties with Japanese suppliers, he added.
Huawei Rotating Chairman Guo Ping has listed some of the key 2018 milestones, where he emphasized how Huawei has signed 26 commercial contracts for 5G with leading global carriers, and have already shipped more than 10,000 5G base stations to markets around the world. More than 160 cities and 211 Fortune Global 500 companies have selected Huawei as their partner for digital transformation. Huawei shipped more than 200 million smartphones and has made remarkable breakthroughs in PC business and IoT ecosystem for smart homes. Huawei Cloud has launched over 140 cloud services in 18 categories, and Huawei is working with partners to serve global customers with 37 availability zones across 22 regions. This year, the company also announced AI strategy and launched a full-stack portfolio of AI solutions for all scenarios. This portfolio includes the world's first all-scenario AI chips–our Ascend series–as well as related products and cloud services.
Huawei today is a member of more than 380 industry organizations, where we serve in 300+ key positions and submit more than 6,000 proposals each year. We are ahead of others in domains like wireless, optical, data communications, and smart devices