Huawei has 50 business agreements on the 5G market

Despite of issues Huawei has managed 50 business Agreements on the 5G market.

The Huawei Managing Director took the time to boast the company’s success with 5G at the Shanghai “5G is now” summit.
He said that the Chinese telecommunication equipment provider has succeeded in securing the world’s largest 5G device supplier with 50 commercial contracts.

Agreements on the 5G market

Contracts comprise nations such as South Korea, Finland, Switzerland and the United Kingdom. With 30 and 18 agreements respectively, Nokia and Ericsson take the second and third position.
With its 2160 5G SEP patents, Huawei dominates the industry, while Nokia holds 1516. Statistics show that 34% 5G equipment is manufactured in China, 25% are manufactured in South Korea, 14% in Finland and 8% in Sweden.

It seems that the company has managed to maintain its leadership globally, despite the US ban on 5 G facilities in Huawei.

Source