Chinese tech giant Huawei Technologies Co Ltd will team up with global telecom operators to boost the industrial application of 5G technologies as part of its efforts to tap the superfast wireless technology’s full potential and generate commercial successes.
The world’s largest telecom equipment maker is currently striving to maintain steady progress in its businesses despite the US government’s increased restrictions.
Huawei rotating chairman Guo Ping said till now, the world has 81 commercial 5G networks, more than 90 million 5G mobile subscribers, and more than 700,000 5G base stations.
The business case for 5G is not just better connectivity, he said. When technologies like 5G, computing, cloud, and AI come together, they reinforce each other and create numerous opportunities across five major tech domains – connectivity, AI, cloud, computing, and industry applications.
“Huawei has strengths in each of these domains,” Guo said. “We can mix and match them to create scenario-based solutions that meet the unique needs of our customers and partners.”
Wang Zhiqin, deputy head of the China Academy of Information and Communications Technology, a government think tank, earlier said unified industry standards and a collaborative ecosystem are needed for industrial applications to be replicated on scale.
Huawei also called on telecom carriers to focus on both short-term and long-term goals.
“More precise deployment is how they can maximise the value of telecom carriers’ networks,” Guo said, adding that they should prioritise user experience and spend money where it’s needed most to maximise the value of existing networks.
Also, he said, 5G deployment plans should prioritise hot spots and key industry applications, and more efforts are needed to integrate existing networks with new 5G networks through holistic coordination and precise planning.
During the first quarter of this year, Huawei was ranked the world’s largest telecom gear maker, with a market share of 35.7 per cent, followed by Ericsson AB and Nokia Oyj, California, US-based market tracker Dell’Oro Group reported.
The ranking came despite Washington’s intensified push to persuade its allies to ban Huawei. In the first half, Huawei clocked a revenue of 454 billion yuan ($64.2 billion), up 13.1 per cent on a yearly basis. Its net profit margin stood at 9.2 per cent.