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Huawei Expects Double Digit Growth In 2019

Huawei Expects Double Digit Growth In 2019.

Demand is strong in China, Europe, South America, Middle East and Africa, says the company

“We’ve seen an overall optimism and acceleration in the industry regarding 5G deployment since the second half of last year,” said Hu at the company’s annual results meeting, “we expect our carrier business to achieve double-digit growth this year.”

Hu applauds Europe’s attitude to the US political attack. “We commend the EU’s attitude and its decision to view security as a technical and not a political issue,” said Hu, “the EU is doing a great job on this. Politicizing security discussions poses a great challenge not only to the whole industry but also to society.”

There will be 2.8 billion 5G users with coverage available to 58% of the world’s population by 2025, predicted Hu.

Source: electronicsweekly

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