, 5 tweets, 2 min read Read on Twitter
Thread: Nearly 60% of #Huawei’s 50 5G contracts are from #Europe - Huawei said 28 of 50 commercial contracts for 5G that it signed globally are with operators in Europe - Some people never learn, money & trade above security 👎👎👎 scmp.com/tech/big-tech/…
Huawei’s major competitors in network development, Finland’s Nokia and Sweden’s Ericsson, had secured 43 contracts and 22 contracts as of the end June, respectively. Huawei’s crosstown rival, ZTE, has publicly announced 25 commercial deals.
Europe, which has generally resisted pressure from the US to shut out Huawei, is an important market that the company could not afford to lose after a series of bans in North America and Oceania.
In UK, Huawei is helping develop 5G networks for all four of the country’s major operators, even though the government has yet to confirm whether the Chinese technology company will be permitted to build 5G wireless infrastructure.
Following the establishment of the British lab, Huawei in March opened its second European cybersecurity lab in Brussels, as the company tries to assuage concerns of local governments and fight back at US allegations that its equipment poses a national security risk.
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